Short Interest in Torex Gold Resources Inc. (OTCMKTS:TORXF) Grows By 25.1%

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the target of a significant increase in short interest in 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 Price Performance

TORXF stock opened at $27.49 on Thursday. Torex Gold Resources has a 52 week low of $13.75 and a 52 week high of $28.01. The firm has a 50-day simple moving average of $23.58 and a 200-day simple moving average of $21.48.

About Torex Gold Resources

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.