Orex Minerals (CVE:REX) Sets New 12-Month Low – Here’s What Happened

Shares of Orex Minerals Inc. (CVE:REX) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.14, with a volume of 65672 shares traded. The stock had previously closed at C$0.13.

Orex Minerals Stock Up 7.7 %

The firm has a market cap of C$3.86 million, a P/E ratio of -1.56 and a beta of 0.63. The firm’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.22.

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

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.