CANEX Metals (CVE:CANX) Trading Down 10%

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price traded down 10% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.05. 269,796 shares traded hands during trading, an increase of 244% from the average session volume of 78,339 shares. The stock had previously closed at C$0.05.

CANEX Metals Stock Performance

The stock’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a debt-to-equity ratio of 0.64, a quick ratio of 15.67 and a current ratio of 43.42. The company has a market cap of C$5.15 million, a PE ratio of -4.50 and a beta of 1.23.

CANEX Metals Company Profile

(Get Free Report)

CANEX Metals Inc, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 262 lode mining claims and 2 patented claims covering an area of 1650 hectares located in Mohave County, Arizona; and Gibson property covering an area of 887 hectares located in central British Columbia.

Further Reading

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