Torex Gold Resources Inc. (OTCMKTS:TORXF) Short Interest Up 25.1% in March

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 Price Performance

OTCMKTS TORXF traded up $0.83 during trading on Tuesday, hitting $27.66. 35,882 shares of the company’s stock traded hands, compared to its average volume of 35,593. The business has a 50 day moving average of $23.28 and a 200-day moving average of $21.37. Torex Gold Resources has a 12-month low of $13.75 and a 12-month high of $27.80.

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.