We last featured Mexico gold producer Torex Gold Resources Inc. TXG-T here in late September. The stock is up more than 40 per cent over the past three months, yet despite the price getting more expensive, Director Jay Kellerman bought 1,745 shares at $11.47 on Nov. 24. Torex reported third-quarter production of 122,208 ounces at an all-in sustaining cost (AISC) of US$1,059 per ounce. Torex sees production tracking toward the upper end of its full-year guidance of between 430,000 and 470,000 ounces and near the midpoint of its AISC guidance of US$1,005.
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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.
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