Torex Gold Resources (OTCMKTS:TORXF) Shares Down 3.5% – Here’s What Happened

Posted by Joseph Casey on Jun 2nd, 2026

Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report)’s share price was down 3.5% during trading on Monday . The stock traded as low as $43.12 and last traded at $44.3150. Approximately 5,862 shares changed hands during trading, a decline of 89% from the average daily volume of 54,804 shares. The stock had previously closed at $45.93.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, February 4th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on TORXF

Torex Gold Resources Stock Down 3.5%

The company’s 50 day moving average price is $45.24 and its 200-day moving average price is $47.80.

About Torex Gold Resources

(Get Free Report)

Torex Gold Resources Inc is a Canada-based intermediate gold producer, developer and explorer that trades on the OTC Markets under the symbol TORXF. The company’s core business centers on the exploration, development and mining of gold deposits, with a focus on delivering sustainable production and growth through its flagship assets in Mexico.

The company’s principal operation is the Morelos Gold Project, located in the Guerrero Gold Belt of central Mexico. This integrated mining, processing and ancillary infrastructure complex includes the El Limón Guajes open pit mining area and supporting underground development.