Shares of Orex Minerals Inc. (CVE:REX – Get Free Report) traded down 7.7% on Wednesday. The stock traded as low as C$0.12 and last traded at C$0.12. 16,604 shares traded 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 Stock Performance
The company has a fifty day moving average price of C$0.18 and a 200-day moving average price of C$0.24. 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.
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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