Orex Minerals (CVE:REX) Stock Price Down 7.7% – Should You Sell?

Shares of Orex Minerals Inc. (CVE:REX) traded down 7.7% on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12. 46,100 shares were traded during trading, an increase of 59% from the average session volume of 29,060 shares. The stock had previously closed at C$0.13.

Orex Minerals Price Performance

The stock has a market capitalization of C$3.30 million, a price-to-earnings ratio of -1.33 and a beta of 0.63. The stock has a fifty day moving average of C$0.17 and a 200-day moving average of C$0.23.

Orex Minerals (CVE:REX) last issued its earnings results on Thursday, September 26th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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.