Shares of Callinex Mines Inc. (CVE:CNX – Get Free Report) rose 4.1% during trading on Tuesday . The company traded as high as C$1.02 and last traded at C$1.02. Approximately 610 shares changed hands during trading, a decline of 96% from the average daily volume of 16,377 shares. The stock had previously closed at C$0.98.
Callinex Mines Stock Up 4.1 %
The company has a quick ratio of 2.32, a current ratio of 0.45 and a debt-to-equity ratio of 0.10. The company has a market capitalization of C$19.20 million, a PE ratio of -16.33 and a beta of 1.98. The business’s 50 day simple moving average is C$0.98 and its 200 day simple moving average is C$1.19.
About Callinex Mines
Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.
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