Shares of Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report) traded down 3.5% during trading on Monday . The stock traded as low as $43.12 and last traded at $44.3150. 5,862 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 54,804 shares. The stock had previously closed at $45.93.
Wall Street Analyst Weigh In
Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, February 4th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.
Check Out Our Latest Stock Analysis on TORXF
Torex Gold Resources Stock Down 3.2%
Torex Gold Resources Company Profile
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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