Torex Gold Resources (TXG) has notable insider buying

Torex Gold Resources (T:TXG)

Rodrigo Sandoval Navarro, a Director, acquired 5,000 Common Shares on a direct ownership basis at a price of $9.969USD through the public market on February 26th, 2024. This represents a $67,363 investment into the company's shares and an account share holdings change of greater than 100%.

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in exploration, development, and operation of its Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company's principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company's El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.