CANEX Metals (CVE:CANX) Stock Price Up 20% – Here’s Why

CANEX Metals Inc. (CVE:CANXGet Free Report)’s stock price shot up 20% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.06. 193,870 shares changed hands during trading, an increase of 48% from the average session volume of 131,339 shares. The stock had previously closed at C$0.05.

CANEX Metals Stock Up 9.1 %

The company has a market capitalization of C$7.34 million, a PE ratio of -24.16 and a beta of 1.19. The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

CANEX Metals Company Profile

(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.

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