Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report) shares traded down 1.5% on Monday . The company traded as low as $37.14 and last traded at $37.53. 17,884 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 52,733 shares. The stock had previously closed at $38.0850.
Analysts Set New Price Targets
A number of equities analysts have issued reports on TORXF shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, July 8th. Scotiabank reissued an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.
Read Our Latest Analysis on Torex Gold Resources
Torex Gold Resources Trading Down 1.5%
About Torex Gold Resources
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.
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