Orex Minerals (CVE:REX) Reaches New 12-Month Low – Here’s What Happened

Orex Minerals Inc. (CVE:REX – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 38,650 shares trading hands. The stock had previously closed at C$0.13.

Orex Minerals Price Performance

The firm has a market cap of C$7.74 million, a price-to-earnings ratio of -2.75 and a beta of 2.80. The stock has a 50-day moving average price of C$0.19 and a 200 day moving average price of C$0.24.

Orex Minerals Company Profile

(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.

Recommended Stories

Receive News & Ratings for Orex Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orex Minerals and related companies with MarketBeat.com's FREE daily email newsletter.