Callinex Mines Inc. (CVE:CNX – Get Free Report) traded up 2.2% during mid-day trading on Wednesday . The company traded as high as C$1.40 and last traded at C$1.40. 300 shares were traded during trading, a decline of 98% from the average session volume of 14,162 shares. The stock had previously closed at C$1.37.
Callinex Mines Price Performance
The stock’s fifty day moving average price is C$1.31 and its 200-day moving average price is C$1.65. The firm has a market cap of C$24.18 million, a price-to-earnings ratio of -19.71 and a beta of 2.06. The company has a current ratio of 1.95, a quick ratio of 2.32 and a debt-to-equity ratio of 0.10.
Callinex Mines Company Profile
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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