Orex Minerals (CVE:REX) Sets New 52-Week High – Here’s What Happened
by Doug Wharley · The Cerbat GemOrex Minerals Inc. (CVE:REX – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.33 and last traded at C$0.31, with a volume of 229974 shares traded. The stock had previously closed at C$0.30.
Orex Minerals Stock Performance
The firm has a market capitalization of C$11.23 million, a price-to-earnings ratio of -3.44 and a beta of 1.42. The stock’s fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.20.
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.