CANEX Metals (CVE:CANX) Trading Up 27.3% – Should You Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price was up 27.3% on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 148,000 shares traded 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 stock’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The company has a market cap of C$8.57 million, a P/E ratio of -28.19 and a beta of 1.19.

CANEX Metals Company Profile

(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.

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