CANEX Metals Inc. (CVE:CANX – Get Free Report)’s stock price shot up 27.3% during mid-day trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 148,000 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 97,202 shares. The stock had previously closed at C$0.06.
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$0.04. The firm has a market cap of C$8.57 million, a P/E ratio of -28.19 and a beta of 1.19.
About CANEX Metals
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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