Torex Gold Resources Inc. (OTCMKTS:TORXF) Given Consensus Recommendation of “Buy” by Brokerages

Torex Gold Resources Inc. (OTCMKTS:TORXF) has earned a consensus rating of “Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a buy recommendation.

A number of research analysts recently commented on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Torex Gold Resources in a report on Friday, October 10th. Scotiabank reaffirmed an “outperform” rating on shares of Torex Gold Resources in a research note on Thursday. CIBC reissued an “outperform” rating on shares of Torex Gold Resources in a research report on Tuesday, July 15th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Torex Gold Resources in a report on Wednesday, October 8th.

Torex Gold Resources Trading Down 1.1%

TORXF stock opened at $42.60 on Friday. Torex Gold Resources has a 52 week low of $18.16 and a 52 week high of $49.39. The company has a fifty day simple moving average of $39.16 and a two-hundred day simple moving average of $34.31.

Torex Gold Resources Company Profile

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.