Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) shot up 13.8% on Friday . The stock traded as high as C$0.33 and last traded at C$0.33. 462,568 shares changed hands during trading, an increase of 109% from the average session volume of 221,333 shares. The stock had previously closed at C$0.29.
CANEX Metals Stock Up 3.4%
The stock has a market cap of C$44.09 million, a P/E ratio of -36.24 and a beta of 1.69. The business’s 50 day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.14.
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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
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