orex minerals inc (REX:Venture)
orex minerals inc (REX) Snapshot
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Open
C$0.38
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Previous Close
C$0.38
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Day High
C$0.38
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Day Low
C$0.38
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52 Week High
05/29/12 - C$0.77
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52 Week Low
11/22/12 - C$0.28
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Market Cap
18.6M
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Average Volume 10 Days
45.2K
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EPS TTM
C$-0.13
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Shares Outstanding
49.0M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
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Related News
orex minerals inc (REX) Related Businessweek News
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Orex Minerals Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico and Sweden. The company primarily explores for gold and silver metals. Its principal project includes the Barsele Gold project covering a total mineral claim holdings of 32,709 hectares located north of Stockholm, Sweden. The company was incorporated in 1996 and is based in Vancouver, Canada.
orex minerals inc (REX) Top Compensated Officers
orex minerals inc (REX) Key Developments
Orex Minerals Inc. announced that a third diamond drilling rig has been added to the Coneto Gold-Silver Project in Durango, Mexico. In addition, the results of the third batch of assays from the 12,000 metres Phase-II diamond drilling program are now available. Reconnaissance drilling to date on the Coneto Project has yielded intercepts in six mineralized structures, including Loma Verde, Impulsora, La Bufa, Santo Niño, Sauces and Descubridora, identifying them as targets for delineation drilling. Hole BCO-17 in the Descubridora vein yielded an intercept of core length of 6.45 metres (true width 4.84 metres) grading gold 0.71 g/t and silver 153 g/t, for a gold-equivalent of 3.49 g/t, or silver-equivalent of 192 g/t. Hole BCO-28 in the Impulsora vein yielded an intercept of core length of 7.60 metres (true width 4.56 metres) grading gold 2.04 g/t and silver 12.3 g/t, for a gold-equivalent of 2.27 g/t, or silver- equivalent of 125 g/t.
Orex Minerals Inc., Annual General Meeting, Jan 31, 2013., at 10:00 Pacific Standard Time. Location: Suite 700. Agenda: To consider and to pass a special resolution authorizing and approving the acquisition of all the issued and outstanding common shares of Astral by Orex Minerals Inc.
Orex Minerals Inc. announced the results of the second batch of holes from the 12,000 metres Phase-II diamond drilling program on the Coneto Gold-Silver Project in Durango, Mexico. Hole BCO-11 yielded a high-grade Santo Nino vein intercept of core length of 3.30 metres (true width 2.70 metres) grading gold 4.34 g/t and silver 612 g/t, for a gold-equivalent of 16.00 g/t, or silver-equivalent of 840 g/t. Within this intercept is core length 1.20 metres (true width 0.98 metres) grading gold 11.77 g/t and silver 1,655 g/t, for a gold-equivalent of 43.29 g/t, or a silver-equivalent of 2,273 g/t. Also in BCO-11 was a La Bufa vein intercept of core length 6.40 metres (true width 5.23 metres) grading gold 2.41 g/t and silver 129 g/t, for a gold-equivalent of 4.87 g/t, or a silver-equivalent of 256 g/t. Within this intercept is core length 2.40 metres (true width 1.96 metres) grading gold 6.08 g/t and silver 187 g/t, for a gold-equivalent of 9.64 g/t, or a silver-equivalent of 506 g/t. Holes 7 and 8 were drilled in the Coneto 'Central Zone' to target the Sauce vein. Holes 9 to 13 were drilled in the Coneto 'La Bufa Zone' to target the La Bufa and the Santo Nino veins.
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| Price/Book | 2.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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