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National Bank of Canada Maintains Torex Gold Resources' Outperform Rating, C$101 Target

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National Bank of Canada Thursday maintained Torex Gold Resources (TXG.TO)'s outperform rating and a C$101 target.

The company appointed Dan Rollins as chief financial officer from senior vice president of corporate development and investor relations, effective June 17.

The change is effective as Andrew Snowden assumes the role as president and chief executive officer upon the departure of Jody Kuzenko.

National Bank believes Rollins brings a depth of familiarity and capability to maintain a high-functioning executive team, which the company is known for.

Torex Gold at last look lost 1.8% to $58.27 on the Toronto Stock Exchange on Thursday.

Price: $58.27, Change: $-1.09, Percent Change: -1.84%

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