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

Orex Minerals Inc. (CVE:REX) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 123910 shares changing hands. The stock had previously closed at C$0.12.

Orex Minerals Trading Down 4.3 %

The firm has a 50-day moving average of C$0.17 and a 200-day moving average of C$0.22. The stock has a market capitalization of C$3.03 million, a price-to-earnings ratio of -1.28 and a beta of 0.63.

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

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.