Orex Minerals Inc. (CVE:REX – Get Free Report)’s stock price fell 7.7% during trading on Wednesday. The company traded as low as C$0.12 and last traded at C$0.12. Approximately 16,604 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 89,204 shares. The stock had previously closed at C$0.13.
Orex Minerals Price Performance
The company has a market capitalization of C$7.74 million, a P/E ratio of -2.75 and a beta of 2.80. The firm’s 50-day moving average is C$0.19 and its 200-day moving average is C$0.24.
Orex Minerals Company Profile
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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