Torex Gold Resources Inc. (OTCMKTS:TORXF) Receives Average Rating of “Buy” from Analysts

Shares of Torex Gold Resources Inc. (OTCMKTS:TORXF) have received an average rating of “Buy” from the seven brokerages that are covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a buy recommendation.

TORXF has been the subject of several research reports. Raymond James Financial reiterated an “outperform” rating on shares of Torex Gold Resources in a research note on Friday, October 10th. Scotiabank reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research report on Thursday, October 23rd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Torex Gold Resources in a report on Wednesday, October 8th.

Torex Gold Resources Trading Down 0.5%

Shares of OTCMKTS TORXF opened at $45.30 on Thursday. Torex Gold Resources has a twelve month low of $18.49 and a twelve month high of $49.39. The stock has a 50 day moving average of $42.18 and a two-hundred day moving average of $35.45.

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.