Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) fell 20% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 198,119 shares traded hands during mid-day trading, an increase of 49% from the average session volume of 132,881 shares. The stock had previously closed at C$0.05.
CANEX Metals Price Performance
The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$4.90 million, a price-to-earnings ratio of -16.11 and a beta of 1.19.
CANEX Metals Company Profile
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.
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