CANEX Metals Inc. (CVE:CANX – Get Free Report) shot up 28.6% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 1,033,900 shares changed hands during mid-day trading, an increase of 565% from the average session volume of 155,392 shares. The stock had previously closed at C$0.04.
CANEX Metals Price Performance
The company’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 quick ratio of 15.67, a current ratio of 43.42 and a debt-to-equity ratio of 0.64. The firm has a market cap of C$5.15 million, a price-to-earnings ratio of -4.50 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.
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