Orex Minerals (CVE:REX) Sets New 12-Month High – Here’s Why

Orex Minerals Inc. (CVE:REXGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.33 and last traded at C$0.31, with a volume of 229974 shares trading hands. The stock had previously closed at C$0.30.

Orex Minerals Price Performance

The firm has a 50 day moving average price of C$0.21 and a 200-day moving average price of C$0.20. The firm has a market cap of C$11.77 million, a price-to-earnings ratio of -3.61 and a beta of 1.42.

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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