CANEX Metals (CVE:CANX) Stock Price Up 20% – Still a Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report) traded up 20% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 162,399 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 130,326 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Down 8.3 %

The business’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The stock has a market cap of C$6.73 million, a P/E ratio of -22.15 and a beta of 1.19.

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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