CANEX Metals (CVE:CANX) Trading Up 20% – Time to Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s stock price was up 20% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 162,399 shares traded hands during trading, an increase of 25% from the average daily volume of 130,326 shares. The stock had previously closed at C$0.05.

CANEX Metals Stock Performance

The stock has a market capitalization of C$6.73 million, a P/E ratio of -22.15 and a beta of 1.19. The business has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

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.

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