CANEX Metals (CVE:CANX) Stock Price Down 10% – What’s Next?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s stock price traded down 10% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 246,000 shares traded hands during trading, an increase of 90% from the average session volume of 129,236 shares. The stock had previously closed at C$0.05.

CANEX Metals Price Performance

The company has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$5.51 million, a PE ratio of -18.12 and a beta of 1.19.

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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