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

by · The Markets Daily

CANEX Metals Inc. (CVE:CANXGet Free Report) shares fell 20% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 198,119 shares traded hands during 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 Trading Up 12.5 %

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 business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

CANEX Metals Company Profile

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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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