CANEX Metals (CVE:CANX) Shares Down 1.3% – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report) shares fell 1.3% during mid-day trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.23. 114,396 shares traded hands during trading, a decline of 30% from the average session volume of 164,594 shares. The stock had previously closed at C$0.23.

CANEX Metals Stock Down 12.0%

The company has a current ratio of 1.25, a quick ratio of 15.67 and a debt-to-equity ratio of 1.36. The business’s fifty day moving average price is C$0.25 and its 200 day moving average price is C$0.25. The company has a market capitalization of C$42.77 million, a P/E ratio of -36.24 and a beta of 0.92.

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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