CANEX Metals (CVE:CANX) Reaches New 12-Month Low – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 183000 shares. The stock had previously closed at C$0.04.

CANEX Metals Stock Up 33.3 %

The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The firm has a market capitalization of C$4.58 million, a P/E ratio of -4.00 and a beta of 1.19. The company has a current ratio of 43.42, a quick ratio of 15.67 and a debt-to-equity ratio of 0.64.

About CANEX Metals

(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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