CANEX Metals (CVE:CANX) Stock Price Up 4.3% – Time to Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s stock price was up 4.3% on Monday . The stock traded as high as C$0.24 and last traded at C$0.24. 152,851 shares were traded during trading, a decline of 7% from the average session volume of 163,624 shares. The stock had previously closed at C$0.23.

CANEX Metals Trading Up 4.3%

The company has a market cap of C$59.30 million, a price-to-earnings ratio of -36.24 and a beta of 0.93. The company has a debt-to-equity ratio of 1.36, a quick ratio of 15.67 and a current ratio of 1.25. The firm has a fifty day moving average price of C$0.24 and a 200 day moving average price of C$0.25.

About CANEX Metals

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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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