Torex Gold Resources (OTCMKTS:TORXF) Stock Price Down 0.3%
Torex Gold Resources Inc (OTCMKTS:TORXF)’s stock price was down 0.3% on Wednesday . The stock traded as low as $11.34 and last traded at $11.40, approximately 22,578 shares changed hands during mid-day trading. An increase of 118% from the average daily volume of 10,372 shares. The stock had previously closed at $11.43.
Separately, Royal Bank of Canada reaffirmed an “underperform” rating and issued a GBX 215 ($2.81) price target on shares of in a report on Wednesday, June 26th.
The firm’s fifty day moving average price is $10.05.
Torex Gold Resources Inc engages in the exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, copper, and carbon deposits. It holds a 100% interest in the Morelos Gold property comprising the El Limón Guajes mine and the Media Luna deposit that consists of 7 mineral concessions covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico.
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