CANEX Metals (CVE:CANX) Shares Down 20% – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report) shares traded down 20% on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 198,119 shares were traded during mid-day trading, an increase of 49% from the average session volume of 132,881 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Up 12.5 %

The company has a market cap of C$5.51 million, a PE ratio of -18.12 and a beta of 1.19. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

About CANEX Metals

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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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