Orex Minerals Inc. (CVE:REX – Get Free Report) shares dropped 15.4% during trading on Saturday . The company traded as low as C$0.21 and last traded at C$0.22. Approximately 355,654 shares changed hands during trading, an increase of 577% from the average daily volume of 52,551 shares. The stock had previously closed at C$0.26.
Orex Minerals Stock Down 15.4%
The stock has a 50 day simple moving average of C$0.18 and a 200 day simple moving average of C$0.15. The company has a market cap of C$7.54 million, a price-to-earnings ratio of -2.44 and a beta of 1.67.
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.
Further Reading
- Five stocks we like better than Orex Minerals
- What Makes a Stock a Good Dividend Stock?
- Union Pacific: Laying the Tracks for America’s Industrial Renewal
- Most active stocks: Dollar volume vs share volume
- TransDigm’s Edge: From Spare Parts to Sky-High Profits
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Spire Global: Tiny Satellites, Big Buy Ratings and Upside
Receive News & Ratings for Orex Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orex Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
