Callinex Mines Inc. (CVE:CNX – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$1.06 and last traded at C$1.05, with a volume of 83539 shares changing hands. The stock had previously closed at C$1.18.
Callinex Mines Stock Down 11.9 %
The firm has a 50-day simple moving average of C$1.37 and a 200 day simple moving average of C$1.38. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.95 and a quick ratio of 2.32. The company has a market capitalization of C$18.22 million, a PE ratio of -16.86 and a beta of 2.06.
About Callinex Mines
Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.
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