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

Torex Gold Resources Inc. (OTCMKTS:TORXF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 465,800 shares, a growth of 23.8% from the November 30th total of 376,200 shares. Based on an average daily volume of 78,700 shares, the days-to-cover ratio is currently 5.9 days.

Torex Gold Resources Price Performance

OTCMKTS TORXF opened at $19.25 on Tuesday. Torex Gold Resources has a 12 month low of $9.46 and a 12 month high of $23.22. The stock’s 50 day moving average is $20.73 and its 200 day moving average is $18.71.

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.