CANEX Metals (CVE:CANX) Trading Down 22.2% – Here’s What Happened

Shares of CANEX Metals Inc. (CVE:CANXGet Free Report) traded down 22.2% during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. 193,220 shares traded hands during 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 Price Performance

The stock has a market capitalization of C$4.00 million, a PE ratio of -3.50 and a beta of 1.19. The company has a current ratio of 43.42, a quick ratio of 15.67 and a debt-to-equity ratio of 0.64. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

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.

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