CANEX Metals Inc. (CVE:CANX – Get Free Report) rose 40% during mid-day trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 110,399 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 128,783 shares. The stock had previously closed at C$0.05.
CANEX Metals Stock Performance
The stock’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a market capitalization of C$7.34 million, a P/E ratio of -24.16 and a beta of 1.19.
CANEX Metals Company Profile
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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