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March 13 was a positive day for Torex Gold Resources Inc. (TXG:CA) as its stock finished the day having gained 8.61% to hit a price of $9.84 a share. The company reached a market cap of 835.22 million and has 84.88 million shares outstanding. Torex Gold Resources Inc. is a component of the the S&P/TSX Composite Index.
693,353 shares changed hands over the course of the day as compared to an average volume of 526,328 over the last 30 days for Torex Gold Resources Inc..
Torex Gold Resources Inc is engaged in exploration and development of the Morelos Gold Property. The Morelos Gold Property includes a large land package of approximately 29,000 hectares and contains El Limon Guajes Project and Media Luna Project.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Fred Stanford.
Torex Gold Resources Inc. has hit a high of $28.32 and reached a low of $8.85 over its last year of trading. The stock’s 50-day SMA is now $11.52 and 200-day SMA is $17.26. As for its price valuations, the P/E ratio is at 0 and P/B is now 0.96.
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Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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