CANEX Metals (CVE:CANX) Reaches New 1-Year High – Should You Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.36 and last traded at C$0.34, with a volume of 860674 shares traded. The stock had previously closed at C$0.30.

CANEX Metals Stock Up 16.7%

The firm has a market cap of C$92.66 million, a price-to-earnings ratio of -36.24 and a beta of 0.93. The firm has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.25.

About CANEX Metals

(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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