CANEX Metals (CVE:CANX) Stock Price Up 11.4% – Here’s What Happened

CANEX Metals Inc. (CVE:CANX – Get Free Report) shares traded up 11.4% on Tuesday. The stock traded as high as C$0.39 and last traded at C$0.39. 248,420 shares were traded during trading, an increase of 10% from the average daily volume of 225,817 shares. The stock had previously closed at C$0.35.

CANEX Metals Stock Up 11.4%

The stock has a market capitalization of C$103.25 million, a price-to-earnings ratio of -36.24 and a beta of 0.43. The stock has a 50 day moving average price of C$0.39 and a 200 day moving average price of C$0.28.

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

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