CANEX Metals Inc. (CVE:CANX – Get Free Report) shares dropped 20% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 198,119 shares changed hands during mid-day trading, an increase of 49% from the average daily volume of 132,881 shares. The stock had previously closed at C$0.05.
CANEX Metals Stock Performance
The stock has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$5.51 million, a P/E ratio of -18.12 and a beta of 1.19.
About CANEX Metals
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.
Further Reading
- Five stocks we like better than CANEX Metals
- How to Use the MarketBeat Stock Screener
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- Investing In Automotive Stocks
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- How to Calculate Stock Profit
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Receive News & Ratings for CANEX Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CANEX Metals and related companies with MarketBeat.com's FREE daily email newsletter.
