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

Shares of Torex Gold Resources Inc. (OTCMKTS:TORXF) have received a consensus recommendation of “Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a buy recommendation.

A number of analysts have commented on TORXF shares. BMO Capital Markets restated an “outperform” rating on shares of Torex Gold Resources in a research note on Wednesday, October 8th. Scotiabank reiterated an “outperform” rating on shares of Torex Gold Resources in a report on Thursday, October 23rd. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research report on Friday, October 10th.

Torex Gold Resources Stock Performance

OTCMKTS TORXF opened at $44.83 on Thursday. Torex Gold Resources has a 52 week low of $18.49 and a 52 week high of $49.39. The business has a 50 day moving average price of $42.33 and a 200-day moving average price of $35.57.

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.