Orex Minerals (CVE:REX) Shares Down 10.7% – What’s Next?

Orex Minerals Inc. (CVE:REXGet Free Report)’s share price was down 10.7% during mid-day trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 1,100 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 25,352 shares. The stock had previously closed at C$0.14.

Orex Minerals Price Performance

The firm’s 50 day moving average is C$0.14 and its 200 day moving average is C$0.15. The company has a market cap of C$4.29 million, a PE ratio of -1.60 and a beta of 0.63.

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.

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