Orex Minerals Inc. (CVE:REX – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as low as C$0.18. Orex Minerals shares last traded at C$0.18, with a volume of 30,650 shares trading hands.
Orex Minerals Price Performance
The firm has a market capitalization of C$12.57 million, a price-to-earnings ratio of -2.00 and a beta of 2.22. The business’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.26.
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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