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

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 610,900 shares, an increase of 25.1% from the February 28th total of 488,200 shares. Based on an average daily volume of 33,200 shares, the days-to-cover ratio is presently 18.4 days.

Torex Gold Resources Trading Up 0.7 %

Shares of OTCMKTS:TORXF opened at $27.85 on Wednesday. The company has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $21.43. Torex Gold Resources has a twelve month low of $13.75 and a twelve month high of $28.01.

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.