Orex Minerals (CVE:REX) Trading Up 2.3% – Time to Buy?

Orex Minerals Inc. (CVE:REXGet Free Report)’s stock price rose 2.3% during mid-day trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 151,000 shares traded hands during trading, an increase of 52% from the average daily volume of 99,390 shares. The stock had previously closed at C$0.22.

Orex Minerals Stock Up 2.3%

The stock has a market capitalization of C$15.71 million, a price-to-earnings ratio of -5.62 and a beta of 2.64. The stock has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.24.

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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