Orex Minerals (CVE:REX) Trading Up 8.3% – Should You Buy?

Orex Minerals Inc. (CVE:REXGet Free Report)’s stock price was up 8.3% during trading on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 23,500 shares traded hands during trading, a decline of 32% from the average daily volume of 34,607 shares. The stock had previously closed at C$0.12.

Orex Minerals Price Performance

The company has a market cap of C$4.46 million, a price-to-earnings ratio of -1.67 and a beta of 0.63. The business’s fifty day moving average price is C$0.13 and its 200 day moving average price is C$0.14.

About Orex Minerals

(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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