CANEX Metals (CVE:CANX) Stock Price Down 10% – Here’s Why

by · The Markets Daily

CANEX Metals Inc. (CVE:CANX – Get Free Report) shares traded down 10% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 246,000 shares changed hands during trading, an increase of 90% from the average session volume of 129,236 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Down 10.0 %

The business’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$5.51 million, a P/E ratio of -18.12 and a beta of 1.19.

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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