CANEX Metals (CVE:CANX) Trading 25% Higher – Here’s What Happened

by · The Cerbat Gem

CANEX Metals Inc. (CVE:CANX – Get Free Report)’s stock price shot up 25% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. 294,258 shares changed hands during mid-day trading, an increase of 90% from the average session volume of 154,666 shares. The stock had previously closed at C$0.12.

CANEX Metals Price Performance

The stock has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.10. The stock has a market cap of C$22.04 million, a price-to-earnings ratio of -36.24 and a beta of 1.24.

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.

Featured Stories