CANEX Metals Inc. (CVE:CANX – Get Free Report) dropped 10.4% on Monday . The company traded as low as C$0.30 and last traded at C$0.30. 184,755 shares were traded during trading, an increase of 5% from the average daily volume of 175,186 shares. The stock had previously closed at C$0.34.
CANEX Metals Stock Down 10.4%
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 company has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.25. The firm has a market capitalization of C$74.13 million, a PE ratio of -36.24 and a beta of 0.93.
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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