Orex Minerals (CVE:REX) Sets New 12-Month Low – Should You Sell?

Shares of Orex Minerals Inc. (CVE:REX – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 53,752 shares trading hands. The stock had previously closed at C$0.15.

Orex Minerals Stock Performance

The firm has a market cap of C$9.50 million, a PE ratio of -3.38 and a beta of 2.80. The stock’s 50 day moving average price is C$0.20 and its 200 day moving average price is C$0.22.

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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