CANEX Metals (CVE:CANX) Stock Price Up 25% – Should You Buy?

Shares of CANEX Metals Inc. (CVE:CANXGet Free Report) rose 25% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 777,000 shares were traded during trading, an increase of 597% from the average daily volume of 111,467 shares. The stock had previously closed at C$0.12.

CANEX Metals Stock Down 3.3%

The company has a market cap of C$21.31 million, a P/E ratio of -36.24 and a beta of 0.50. The business has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.07.

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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