Orex Minerals Inc. (CVE:REX – Get Free Report) shares fell 22.8% during mid-day trading on Friday . The company traded as low as C$0.21 and last traded at C$0.22. 647,340 shares were traded during mid-day trading, an increase of 239% from the average session volume of 191,024 shares. The stock had previously closed at C$0.29.
Orex Minerals Stock Performance
The company has a market capitalization of C$7.97 million, a P/E ratio of -2.44 and a beta of 1.42. The company has a 50-day simple moving average of C$0.23 and a 200 day simple moving average of C$0.21.
About Orex Minerals
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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