CANEX Metals Inc. (CVE:CANX – Get Free Report) shares rose 27.3% during mid-day trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 148,000 shares changed hands during trading, an increase of 52% from the average daily volume of 97,202 shares. The stock had previously closed at C$0.06.
CANEX Metals Stock Performance
The firm has a market cap of C$8.57 million, a price-to-earnings ratio of -28.19 and a beta of 1.19. The stock’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.
CANEX Metals Company Profile
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.
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