Orex Minerals (CVE:REX) Stock Price Up 9.1% – Still a Buy?

Orex Minerals Inc. (CVE:REXGet Free Report) was up 9.1% during trading on Friday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 69,957 shares traded hands during trading, a decline of 5% from the average daily volume of 73,677 shares. The stock had previously closed at C$0.22.

Orex Minerals Stock Up 9.1%

The business’s 50 day simple moving average is C$0.19 and its 200 day simple moving average is C$0.19. The company has a market capitalization of C$8.69 million, a PE ratio of -2.00 and a beta of 1.64.

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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