Short Interest in Torex Gold Resources Inc. (OTCMKTS:TORXF) Rises By 17.3%

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 331,400 shares, an increase of 17.3% from the October 15th total of 282,600 shares. Based on an average daily volume of 49,500 shares, the short-interest ratio is presently 6.7 days.

Torex Gold Resources Price Performance

OTCMKTS:TORXF opened at $19.74 on Friday. The stock’s 50 day simple moving average is $20.19 and its 200-day simple moving average is $17.46. Torex Gold Resources has a 12-month low of $9.09 and a 12-month high of $23.15.

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.