Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) rose 28.6% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 1,068,900 shares traded hands during mid-day trading, an increase of 578% from the average daily volume of 157,580 shares. The stock had previously closed at C$0.04.
CANEX Metals Price Performance
The company has a current ratio of 43.42, a quick ratio of 15.67 and a debt-to-equity ratio of 0.64. The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The firm has a market cap of C$5.15 million, a price-to-earnings ratio of -4.50 and a beta of 1.19.
About CANEX Metals
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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