Orex Minerals Inc. (CVE:REX – Get Free Report)’s stock price rose 9.1% during trading on Thursday . The company traded as high as C$0.26 and last traded at C$0.24. Approximately 496,335 shares traded hands during trading, an increase of 75% from the average daily volume of 284,137 shares. The stock had previously closed at C$0.22.
Orex Minerals Trading Up 9.1%
The stock has a market cap of C$8.69 million, a price-to-earnings ratio of -2.67 and a beta of 1.27. The stock’s 50-day moving average price is C$0.24 and its 200-day moving average price is 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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