CANEX Metals (CVE:CANX) Shares Climb 11.4% – Here’s What Happened

CANEX Metals Inc. (CVE:CANX – Get Free Report)’s share price was up 11.4% during mid-day trading on Tuesday. The company traded as high as C$0.39 and last traded at C$0.39. Approximately 248,420 shares were traded during trading, an increase of 10% from the average daily volume of 225,817 shares. The stock had previously closed at C$0.35.

CANEX Metals Stock Down 5.2%

The firm has a market capitalization of C$96.63 million, a P/E ratio of -36.24 and a beta of 0.43. The company’s 50 day moving average is C$0.39 and its 200-day moving average is C$0.28.

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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

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