CANEX Metals (CVE:CANX) Trading Down 20% – Here’s What Happened

by · The Cerbat Gem

CANEX Metals Inc. (CVE:CANX – Get Free Report) shares traded down 20% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 198,119 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 132,881 shares. The stock had previously closed at C$0.05.

CANEX Metals Stock Performance

The stock has a market capitalization of C$5.51 million, a P/E ratio of -18.12 and a beta of 1.19. The firm 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

(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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