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

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 376,200 shares, a growth of 23.8% from the November 15th total of 303,900 shares. Based on an average daily trading volume, of 52,200 shares, the short-interest ratio is currently 7.2 days.

Torex Gold Resources Stock Down 2.1 %

Shares of TORXF opened at $19.08 on Friday. Torex Gold Resources has a twelve month low of $9.46 and a twelve month high of $23.22. The firm’s 50 day moving average price is $21.03 and its two-hundred day moving average price is $18.36.

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.