Torex Gold Resources (OTCMKTS:TORXF) Trading Down 2.7% – Here’s Why

Torex Gold Resources Inc. (OTCMKTS:TORXFGet Free Report) shares dropped 2.7% during mid-day trading on Monday . The stock traded as low as $41.03 and last traded at $41.8250. Approximately 100,056 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 52,379 shares. The stock had previously closed at $42.97.

Torex Gold Resources Stock Down 2.7%

The stock’s fifty day simple moving average is $44.40 and its 200 day simple moving average is $47.46.

About Torex Gold Resources

(Get Free Report)

Torex Gold Resources Inc is a Canada-based intermediate gold producer, developer and explorer that trades on the OTC Markets under the symbol TORXF. The company’s core business centers on the exploration, development and mining of gold deposits, with a focus on delivering sustainable production and growth through its flagship assets in Mexico.

The company’s principal operation is the Morelos Gold Project, located in the Guerrero Gold Belt of central Mexico. This integrated mining, processing and ancillary infrastructure complex includes the El Limón Guajes open pit mining area and supporting underground development.

Featured Articles

Receive News & Ratings for Torex Gold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torex Gold Resources and related companies with MarketBeat.com's FREE daily email newsletter.