What’s Next for TOREX GOLD RESOURCES INC ORDINARY SHARE (OTCMKTS:TORXF) After Having Less Shares Shorted?

October 13, 2018 - By Adrian Erickson

The stock of TOREX GOLD RESOURCES INC ORDINARY SHARE (OTCMKTS:TORXF) registered a decrease of 4.04% in short interest. TORXF’s total short interest was 2.38M shares in October as published by FINRA. Its down 4.04% from 2.48 million shares, reported previously. With 43,200 shares average volume, it will take short sellers 55 days to cover their TORXF’s short positions.

The stock decreased 2.14% or $0.2129 during the last trading session, reaching $9.7286. About 7,980 shares traded. Torex Gold Resources Inc (OTCMKTS:TORXF) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties. The company has market cap of $838.75 million. The firm explores for gold, silver, and copper deposits. It currently has negative earnings. It principally holds 100% interest in the Morelos Gold property comprising the El Lim??n Guajes mine and the Media Luna project covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico.

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