CANEX Metals Inc. (CVE:CANX – Get Free Report)’s share price fell 15.9% during trading on Wednesday . The company traded as low as C$0.16 and last traded at C$0.19. 311,639 shares were traded during trading, an increase of 95% from the average session volume of 159,463 shares. The stock had previously closed at C$0.22.
CANEX Metals Price Performance
The stock has a market cap of C$27.92 million, a price-to-earnings ratio of -36.24 and a beta of 1.24. The firm has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.11.
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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