Callinex Mines (OTCMKTS:CLLXF) Stock Price Down 2.2% – What’s Next?

Callinex Mines Inc. (OTCMKTS:CLLXF) dropped 2.2% during trading on Thursday . The company traded as low as $0.53 and last traded at $0.5665. Approximately 4,686 shares changed hands during trading, a decline of 36% from the average daily volume of 7,354 shares. The stock had previously closed at $0.5790.

Callinex Mines Stock Down 2.2%

The business’s fifty day simple moving average is $0.57 and its two-hundred day simple moving average is $0.56.

Callinex Mines Company Profile

Callinex Mines is a Canada‐based exploration company focused on acquiring and developing high‐grade copper, zinc and precious metal deposits in North America. The company’s flagship asset is the Nash Creek volcanogenic massive sulfide (VMS) deposit in New Brunswick, where ongoing drilling campaigns aim to expand known mineralization. Callinex also holds the 100%‐owned Pine Bay project in Manitoba’s prolific Flin Flon greenstone belt and maintains additional exploration ground in Newfoundland and Labrador.

At Nash Creek, Callinex has identified multiple high‐grade lenses of copper‐zinc‐silver mineralization, underpinned by a robust geological model that guides step‐out and infill drilling.