Torex Gold Resources (OTCMKTS:TORXF) Shares Down 1.3% – Here’s What Happened

Posted by Anthony Miller on Oct 2nd, 2026

Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report) fell 1.3% during trading on Thursday. The company traded as low as $47.80 and last traded at $48.00. Approximately 42,114 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 49,509 shares. The stock had previously closed at $48.61.

Analysts Set New Price Targets

TORXF has been the subject of a number of recent research reports. Scotiabank reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, July 8th. BMO Capital Markets reissued an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Get Our Latest Research Report on TORXF

Torex Gold Resources Stock Performance

The business’s fifty day moving average price is $46.99 and its two-hundred day moving average price is $44.54.

Torex Gold Resources Company Profile

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Torex Gold Resources Inc is a Canada-based gold mining company focused on the exploration, development and production of gold. The company’s principal asset is the Morelos Gold Property in the state of Guerrero, Mexico, which includes the El Limón Guajes mining complex, a centralized processing facility and the Media Luna project.

The Morelos operations comprise underground and open-pit mining activities, along with processing infrastructure used to produce gold doré. Media Luna is designed to complement the company’s existing operations and expand access to mineral resources across the Morelos property.