CANEX Metals Inc. (CVE:CANX – Get Free Report)’s share price fell 20% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 229,000 shares changed hands during trading, an increase of 60% from the average session volume of 143,012 shares. The stock had previously closed at C$0.05.
CANEX Metals Price Performance
The stock has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$4.90 million, a price-to-earnings ratio of -16.11 and a beta of 1.19.
CANEX Metals Company Profile
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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