Torex Gold Resources Inc. (OTCMKTS:TORXF) Short Interest Up 25.1% in March

Torex Gold Resources Inc. (OTCMKTS:TORXF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 610,900 shares, a growth of 25.1% from the February 28th total of 488,200 shares. Based on an average daily volume of 33,200 shares, the days-to-cover ratio is currently 18.4 days.

Torex Gold Resources Stock Performance

Shares of Torex Gold Resources stock opened at $27.49 on Thursday. Torex Gold Resources has a 1-year low of $13.75 and a 1-year high of $28.01. The stock’s 50 day simple moving average is $23.58 and its 200-day simple moving average is $21.48.

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.