CANEX Metals (CVE:CANX) Trading Down 20% – Here’s Why
by Scott Moore · The Cerbat GemCANEX Metals Inc. (CVE:CANX – Get Free Report)’s stock price was down 20% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 198,119 shares changed hands during trading, an increase of 49% from the average daily volume of 132,881 shares. The stock had previously closed at C$0.05.
CANEX Metals Price Performance
The firm has a market capitalization of C$5.51 million, a PE ratio of -18.12 and a beta of 1.19. The company has a 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04.
About CANEX Metals
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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