Orex Minerals (CVE:REX) Trading Down 5.6% – Should You Sell?

Orex Minerals Inc. (CVE:REXGet Free Report) shares were down 5.6% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 25,029 shares were traded during trading, a decline of 7% from the average daily volume of 26,855 shares. The stock had previously closed at C$0.18.

Orex Minerals Price Performance

The stock has a market cap of C$4.53 million, a P/E ratio of -1.70 and a beta of 0.66. The business’s 50 day simple moving average is C$0.23 and its 200 day simple moving average is C$0.25.

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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