CANEX Metals (CVE:CANX) Trading Up 25% – Time to Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price was up 25% on Saturday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 294,258 shares changed hands during trading, an increase of 90% from the average daily volume of 154,666 shares. The stock had previously closed at C$0.12.

CANEX Metals Price Performance

The stock has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.10. The firm has a market capitalization of C$22.04 million, a PE ratio of -36.24 and a beta of 1.24.

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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