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

Torex Gold Resources Inc. (OTCMKTS:TORXF) has been given an average rating of “Buy” by the seven ratings firms that are covering the stock, Marketbeat reports. Seven analysts have rated the stock with a buy rating.

Several equities analysts recently commented on the stock. BMO Capital Markets reiterated an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, October 8th. Raymond James Financial reiterated an “outperform” rating on shares of Torex Gold Resources in a research note on Friday, October 10th. Finally, Scotiabank reissued an “outperform” rating on shares of Torex Gold Resources in a research report on Thursday, October 23rd.

Torex Gold Resources Trading Down 0.2%

Shares of TORXF stock opened at $46.50 on Monday. Torex Gold Resources has a 12 month low of $18.49 and a 12 month high of $49.39. The stock has a 50 day moving average of $44.19 and a 200-day moving average of $37.42.

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.