Torex Gold Resources (OTCMKTS:TORXF) Trading Down 1.7% – Here’s Why

Torex Gold Resources Inc. (OTCMKTS:TORXFGet Free Report) was down 1.7% during mid-day trading on Monday . The company traded as low as $24.91 and last traded at $25.04. Approximately 68,958 shares changed hands during trading, an increase of 96% from the average daily volume of 35,137 shares. The stock had previously closed at $25.47.

Torex Gold Resources Price Performance

The firm’s fifty day simple moving average is $22.56 and its 200 day simple moving average is $21.06.

About Torex Gold Resources

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Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.

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