Shares of Orex Minerals Inc. (CVE:REX – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 53,752 shares changing hands. The stock had previously closed at C$0.15.
Orex Minerals Trading Down 12.9%
The firm’s 50-day moving average price is C$0.20 and its 200 day moving average price is C$0.22. The company has a market capitalization of C$9.50 million, a price-to-earnings ratio of -3.38 and a beta of 2.80.
Orex Minerals Company Profile
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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