Orex Minerals Inc. (CVE:REX – Get Free Report) shares fell 8.5% during mid-day trading on Friday . The company traded as low as C$0.21 and last traded at C$0.22. 73,303 shares were traded during trading, an increase of 167% from the average session volume of 27,409 shares. The stock had previously closed at C$0.24.
Orex Minerals Stock Down 8.5 %
The stock’s 50 day moving average price is C$0.25 and its 200-day moving average price is C$0.25. The stock has a market capitalization of C$5.73 million, a PE ratio of -2.15 and a beta of 0.66.
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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