CANEX Metals (CVE:CANX) Trading Up 14.3% – What’s Next?
by Danessa Lincoln · The Markets DailyCANEX Metals Inc. (CVE:CANX – Get Free Report) shares rose 14.3% on Monday . The stock traded as high as C$0.32 and last traded at C$0.32. Approximately 302,618 shares changed hands during mid-day trading, an increase of 67% from the average session volume of 180,739 shares. The stock had previously closed at C$0.28.
CANEX Metals Stock Up 14.3%
The company has a market cap of C$84.72 million, a P/E ratio of -36.24 and a beta of 0.93. The firm’s 50-day moving average price is C$0.25 and its 200-day moving average price is C$0.25.
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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.