Torex Gold Resources Inc (TXG) to Release Quarterly Earnings on Thursday

Torex Gold Resources Inc (TSE:TXG) will issue its quarterly earnings data before the market opens on Thursday, March 23rd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Shares of Torex Gold Resources Inc (TSE:TXG) opened at 27.00 on Tuesday. The company has a 50-day moving average price of $28.13 and a 200 day moving average price of $25.50. Torex Gold Resources Inc has a 12-month low of $2.35 and a 12-month high of $35.17. The company has a market capitalization of $2.15 billion and a P/E ratio of 675.00.

Separately, TD Securities lowered Torex Gold Resources from a “buy” rating to a “hold” rating in a research report on Friday, February 24th.

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About Torex Gold Resources

Torex Gold Resources Inc is a Canada-based resource company. The Company operates through the segment of exploration and development of mineral properties in Mexico. It is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property includes a land package of over 29,000 hectares and contains over two assets, the ELG Mine, which is in the production-stage, and the Media Luna Project, which is in an advanced-stage of exploration.

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