Orex Minerals (CVE:REX) Reaches New 1-Year Low – Time to Sell?

Orex Minerals Inc. (CVE:REX – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 14,300 shares. The stock had previously closed at C$0.14.

Orex Minerals Price Performance

The firm’s 50-day moving average price is C$0.20 and its 200 day moving average price is C$0.22. The firm has a market cap of C$9.15 million, a P/E ratio of -3.25 and a beta of 2.80.

About Orex Minerals

(Get Free Report)

Orex Minerals Inc, a mineral exploration company, engages in the acquisition and exploration of mineral properties in Mexico and Canada. It owns interests in the Coneto silver-gold project that covers an area of 16,346 hectares of mineral concessions located in the Mesa Central on the eastern flank of the Sierra Madre Occidental Mountains; the Sandra Escobar silver-gold project situated to the north of the town of Tepehuanes, Durango; and the Jumping Josephine gold project totalling 11,200 hectares located in the West Kootenay region of Southeastern The company also explores for lead and zinc.

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