Orex Minerals (CVE:REX) Stock Price Down 17.1% – Here’s Why

Orex Minerals Inc. (CVE:REXGet Free Report)’s stock price traded down 17.1% during trading on Friday . The stock traded as low as C$0.17 and last traded at C$0.17. 207,100 shares changed hands during trading, an increase of 194% from the average session volume of 70,500 shares. The stock had previously closed at C$0.21.

Orex Minerals Trading Down 12.2%

The company has a 50 day moving average price of C$0.22 and a 200 day moving average price of C$0.17. The firm has a market cap of C$6.52 million, a PE ratio of -1.50 and a beta of 1.59.

Orex Minerals Company Profile

(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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