Orex Minerals (CVE:REX) Shares Down 3.8% – Time to Sell?

Orex Minerals Inc. (CVE:REX) traded down 3.8% during trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 16,340 shares changed hands during trading, a decline of 41% from the average session volume of 27,716 shares. The stock had previously closed at C$0.13.

Orex Minerals Stock Down 3.8 %

The firm’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.15. The firm has a market capitalization of C$4.29 million, a PE ratio of -1.60 and a beta of 0.63.

Orex Minerals Company Profile

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.