CANEX Metals (CVE:CANX) Shares Up 20% – What’s Next?

CANEX Metals Inc. (CVE:CANXGet Free Report) traded up 20% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.06. 162,399 shares were traded during trading, an increase of 25% from the average session volume of 130,326 shares. The stock had previously closed at C$0.05.

CANEX Metals Price Performance

The company has a market capitalization of C$7.34 million, a P/E ratio of -24.16 and a beta of 1.19. The company has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

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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