Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) dropped 20% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 229,000 shares traded hands during mid-day trading, an increase of 60% from the average daily volume of 143,012 shares. The stock had previously closed at C$0.05.
CANEX Metals Stock Down 20.0 %
The stock has a market capitalization of C$4.90 million, a PE ratio of -16.11 and a beta of 1.19. The firm’s fifty day moving average price is C$0.04 and its two-hundred day moving average price 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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