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

Orex Minerals Inc. (CVE:REX – Get Free Report)’s share price reached a new 52-week low on Monday. The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 4,502 shares changing hands. The stock had previously closed at C$0.11.

Orex Minerals Trading Down 4.5%

The firm has a market cap of C$7.39 million, a PE ratio of -2.62 and a beta of 2.80. The business has a fifty day moving average of C$0.18 and a 200-day moving average 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.

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