Orex Minerals (CVE:REX) Hits New 1-Year Low – What’s Next?

Orex Minerals Inc. (CVE:REX – Get Free Report)’s stock price reached a new 52-week low 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 changing hands. The stock had previously closed at C$0.13.

Orex Minerals Stock Performance

The business has a fifty day moving average price of C$0.19 and a two-hundred day moving average price of C$0.24. The company has a market cap of C$9.15 million, a price-to-earnings ratio of -3.25 and a beta of 2.80.

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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