Torex Gold Resources (OTCMKTS:TORXF) Stock Price Down 1.6% – Here’s Why

Posted by Latisha Jones on Mar 16th, 2026

Torex Gold Resources Inc. (OTCMKTS:TORXF – Get Free Report)’s share price was down 1.6% during mid-day trading on Monday . The stock traded as low as $46.22 and last traded at $47.94. Approximately 38,750 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 72,485 shares. The stock had previously closed at $48.72.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TORXF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Torex Gold Resources in a report on Wednesday, February 4th. Scotiabank reissued an “outperform” rating on shares of Torex Gold Resources in a report on Monday, January 26th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

View Our Latest Report on TORXF

Torex Gold Resources Price Performance

The company’s 50-day moving average price is $51.58 and its 200 day moving average price is $46.32.

Torex Gold Resources Company Profile

(Get Free Report)

Torex Gold Resources Inc is a Canada-based intermediate gold producer, developer and explorer that trades on the OTC Markets under the symbol TORXF. The company’s core business centers on the exploration, development and mining of gold deposits, with a focus on delivering sustainable production and growth through its flagship assets in Mexico.

The company’s principal operation is the Morelos Gold Project, located in the Guerrero Gold Belt of central Mexico. This integrated mining, processing and ancillary infrastructure complex includes the El Limón Guajes open pit mining area and supporting underground development.