CANEX Metals (CVE:CANX) Shares Up 25% – Should You Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report) shares traded up 25% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. 294,258 shares were traded during trading, an increase of 90% from the average session volume of 154,666 shares. The stock had previously closed at C$0.12.

CANEX Metals Stock Performance

The firm has a market cap of C$22.04 million, a PE ratio of -36.24 and a beta of 1.24. The stock has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.10.

About CANEX Metals

(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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