CANEX Metals (CVE:CANX) Trading Down 10% – Time to Sell?

Shares of CANEX Metals Inc. (CVE:CANXGet Free Report) traded down 10% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 246,000 shares traded hands during trading, an increase of 90% from the average session volume of 129,236 shares. The stock had previously closed at C$0.05.

CANEX Metals Stock Performance

The company has a market cap of C$5.51 million, a P/E ratio of -18.12 and a beta of 1.19. The stock has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

CANEX Metals Company Profile

(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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