Torex Gold Resources Inc. (OTCMKTS:TORXF) Sees Significant Increase in Short Interest

Torex Gold Resources Inc. (OTCMKTS:TORXF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 308,900 shares, an increase of 62.9% from the May 31st total of 189,600 shares. Based on an average trading volume of 53,200 shares, the days-to-cover ratio is currently 5.8 days.

Torex Gold Resources Stock Performance

Shares of OTCMKTS:TORXF opened at $15.22 on Friday. The company’s fifty day moving average is $15.03 and its 200-day moving average is $12.89. Torex Gold Resources has a 52 week low of $9.00 and a 52 week high of $16.50.

Torex Gold Resources Company Profile

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.