Orex Minerals Inc has seen significant price movement this week, with shares declining sharply.
This week, Orex Minerals Inc (REX.V) experienced notable volatility, closing down 10.53% on Thursday. Over the past week, the stock has lost 15%, continuing a downward trend that has seen it decline 24.44% in the past month and 29.17% year-to-date. Let's delve into the details of this week's price action and the technical picture surrounding Orex Minerals.
Investor takeaway: Investors should closely monitor Orex's performance in relation to its moving averages and trading volume, especially given its high beta, which indicates greater volatility compared to the broader market.
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Orex Minerals Inc
REX.V
REX.V
Orex Minerals Inc
WealthAwesomeMarket cap
$13.37M
52W high
$0.40
52W low
$0.14
1W change
-15.00%
Beta
2.11
Analyst Price Targets
Based on analyst covering REX · as of Sep 17, 2026
Wall Street analysts forecast REX stock price to rise 282.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.65
+282.4% Upside
Current Price
C$0.17
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on REX's historical volatility
30-Day Vol
88.4%
Annualized
90-Day Vol
96.5%
Annualized
Trend (90d)
-24.0%
Annualized drift
90d Mean
C$0.16
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.17 | C$0.12 – C$0.22 |
| 60 trading days | C$0.16 | C$0.10 – C$0.25 |
| 90 trading days | C$0.16 | C$0.09 – C$0.26 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Orex Minerals Inc's shares have dropped 29.17% year-to-date.
Despite a significant decline in share price, analysts suggest a potential upside of over 270% based on future target projections.
Bull case
Analysts remain optimistic about Orex, with an average target price well above its current levels. This suggests that investors who can handle the current volatility may see significant returns down the line.
Bear case
However, the stock's recent performance and negative profit margins could raise red flags for investors, especially in a tough market for materials companies.
Price Action Overview
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Orex Minerals Inc's stock closed at C$0.17 on Thursday, reflecting a sharp decline of 10.53% for the day. The stock has been on a downward trajectory, losing 15% in the past week alone. This trend continues a longer-term decline, with the stock down 24.44% over the last month and 29.17% year-to-date.
Technical Picture
The technical indicators for Orex reveal a challenging landscape. The stock is currently trading below both its 50-day moving average of C$0.21 and its 200-day moving average of C$0.25, indicating a bearish trend. The 52-week range for REX.V has been C$0.14 to C$0.40, with the current price at approximately 13% of this range. The stock's beta of 2.11 suggests that it is more volatile than the broader market, which could mean larger swings in price. Notably, the latest trading volume of 1,000 shares is significantly lower than the 20-day average volume of 32,829 shares, indicating reduced trading activity.
Insider Activity
No significant insider activity has been reported for Orex Minerals Inc this week, suggesting that there have not been notable changes in management's confidence in the company's prospects.
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