Orex Minerals (CVE:REX) Hits New 1-Year High – Here’s What Happened

Orex Minerals Inc. (CVE:REX) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.39 and last traded at C$0.35, with a volume of 161047 shares. The stock had previously closed at C$0.37.

Orex Minerals Stock Performance

The business has a 50-day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.22. The company has a market capitalization of C$13.40 million, a price-to-earnings ratio of -4.11 and a beta of 1.27.

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.