Torex Gold Resources Inc (TXG) Stock Price Up 2.4%

Shares of Torex Gold Resources Inc (TSE:TXG) rose 2.4% during mid-day trading on Tuesday . The stock traded as high as C$19.37 and last traded at C$19.28. Approximately 138,015 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 301,144 shares. The stock had previously closed at C$18.83.

The firm has a market cap of $1.53 billion and a P/E ratio of 31.97. The stock’s 50 day moving average is $20.30 and its 200-day moving average is $22.33.

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About Torex Gold Resources

Torex Gold Resources Inc is a Canada-based resource company. The Company operates through the segment of mineral exploration and mine development and operation in Mexico. The Company is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and 50 kilometers southwest of Iguala.

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