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Orex Minerals shares plummeted 22.8% on Friday amid surging volume, with no explanation provided.
Orex Minerals (CVE:REX) shares dropped 22.8% on Friday, closing at C$0.22 after hitting a low of C$0.21, with trading volume surging 239% above average.
The company, which explores for silver, gold, lead, and zinc in Mexico and Canada, holds interests in projects including Coneto, Sandra Escobar, and Jumping Josephine.
The stock’s market cap is C$7.97 million, with a negative P/E ratio of -2.44 and a beta of 1.42.
The decline and heightened trading activity were not explained in the report.
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Las acciones de Orex Minerals se desplomaron un 22,8% el viernes en medio de un aumento en el volumen, sin explicación.