CANEX Metals Inc. (CVE:CANX – Get Free Report) rose 7.8% during mid-day trading on Thursday . The company traded as high as C$0.48 and last traded at C$0.48. 404,600 shares were traded during mid-day trading, an increase of 84% from the average daily volume of 219,806 shares. The stock had previously closed at C$0.45.
CANEX Metals Stock Performance
The company has a market capitalization of C$121.78 million, a PE ratio of -36.24 and a beta of 1.19. The stock has a fifty day moving average of C$0.30 and a 200 day moving average of C$0.27.
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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
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