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

by · The Markets Daily

CANEX Metals Inc. (CVE:CANX – Get Free Report)’s stock price shot up 25% during mid-day trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 294,258 shares traded hands during 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 Trading Up 25.0%

The business has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.10. The firm has a market cap of C$22.04 million, a PE 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.

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