CANEX Metals (CVE:CANX) Stock Price Down 1.3% – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report) fell 1.3% during trading on Monday . The company traded as low as C$0.21 and last traded at C$0.23. Approximately 114,396 shares changed hands during trading, a decline of 30% from the average session volume of 164,594 shares. The stock had previously closed at C$0.23.

CANEX Metals Price Performance

The stock has a 50 day moving average of C$0.25 and a two-hundred day moving average of C$0.25. The company has a debt-to-equity ratio of 1.36, a quick ratio of 15.67 and a current ratio of 1.25. The firm has a market capitalization of C$42.77 million, a P/E ratio of -36.24 and a beta of 0.92.

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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

Further Reading

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