Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report) was down 3.5% during mid-day trading on Monday . The company traded as low as $43.12 and last traded at $44.3150. Approximately 5,862 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 54,804 shares. The stock had previously closed at $45.93.
Analyst Ratings Changes
Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Torex Gold Resources in a research report on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
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Torex Gold Resources Price Performance
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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