Callinex Mines (OTCMKTS:CLLXF) Trading Up 1.6% – Should You Buy?

by · The Cerbat Gem

Callinex Mines Inc. (OTCMKTS:CLLXF – Get Free Report)’s stock price rose 1.6% during trading on Monday . The stock traded as high as $0.75 and last traded at $0.74. Approximately 11,975 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 13,127 shares. The stock had previously closed at $0.73.

Callinex Mines Stock Performance

The company’s 50 day simple moving average is $0.72 and its two-hundred day simple moving average is $0.88.

About Callinex Mines

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Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.

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