Orex Minerals (CVE:REX) Stock Price Up 6.7% – What’s Next?

Orex Minerals Inc. (CVE:REX) shares rose 6.7% during trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 16,555 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 16,469 shares. The stock had previously closed at C$0.15.

Orex Minerals Trading Down 9.1 %

The company has a 50 day moving average of C$0.14 and a 200 day moving average of C$0.18. The firm has a market cap of C$4.13 million, a price-to-earnings ratio of -1.67 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.