CANEX Metals Inc. (CVE:CANX – Get Free Report) shares traded down 13.6% during trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.19. 344,140 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 159,656 shares. The stock had previously closed at C$0.22.
CANEX Metals Price Performance
The business has a 50-day moving average of C$0.13 and a two-hundred day moving average of C$0.11. The company has a market cap of C$27.92 million, a P/E ratio of -36.24 and a beta of 1.24.
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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