CANEX Metals (CVE:CANX) Trading 20% Higher – Here’s Why

CANEX Metals Inc. (CVE:CANXGet Free Report) shares traded up 20% during trading on Monday . The company traded as high as C$0.07 and last traded at C$0.06. 193,399 shares traded hands during trading, an increase of 47% from the average session volume of 131,326 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Down 8.3 %

The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The stock has a market cap of C$6.73 million, a price-to-earnings ratio of -22.15 and a beta of 1.19.

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.

Further Reading

Receive News & Ratings for CANEX Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CANEX Metals and related companies with MarketBeat.com's FREE daily email newsletter.