Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) traded down 22.2% during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 193,220 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 96,825 shares. The stock had previously closed at C$0.05.
CANEX Metals Stock Down 22.2 %
The company has a debt-to-equity ratio of 0.64, a quick ratio of 15.67 and a current ratio of 43.42. The company has a market capitalization of C$4.00 million, a price-to-earnings ratio of -3.50 and a beta of 1.19. The business’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04.
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.
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