Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) shot up 25% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 777,000 shares were traded during mid-day trading, an increase of 597% from the average session volume of 111,467 shares. The stock had previously closed at C$0.12.
CANEX Metals Stock Performance
The stock has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.07. The firm has a market capitalization of C$21.31 million, a P/E ratio of -36.24 and a beta of 0.50.
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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