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

Orex Minerals Inc. (CVE:REXGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.12, with a volume of 41500 shares. The stock had previously closed at C$0.12.

Orex Minerals Price Performance

The firm has a market cap of C$4.11 million, a price-to-earnings ratio of -1.54 and a beta of 0.63. The firm has a fifty day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.14.

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.

Further Reading

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