Orex Minerals (CVE:REX) Sets New 1-Year Low – Should You Sell?

Shares of Orex Minerals Inc. (CVE:REXGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.14, with a volume of 65672 shares trading hands. The stock had previously closed at C$0.13.

Orex Minerals Stock Performance

The business’s 50 day moving average is C$0.16 and its 200-day moving average is C$0.21. The firm has a market capitalization of C$3.86 million, a price-to-earnings ratio of -1.56 and a beta of 0.63.

Orex Minerals (CVE:REXGet Free Report) last released its earnings results on Thursday, September 26th. The company reported C($0.01) earnings per share for the quarter.

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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