Callinex Mines (OTCMKTS:CLLXF) Trading Up 6.3% – Still a Buy?

Callinex Mines Inc. (OTCMKTS:CLLXFGet Free Report)’s share price rose 6.3% on Tuesday . The company traded as high as $0.53 and last traded at $0.53. Approximately 2,705 shares traded hands during trading, a decline of 58% from the average daily volume of 6,421 shares. The stock had previously closed at $0.50.

Callinex Mines Stock Performance

The business has a 50-day simple moving average of $0.54 and a two-hundred day simple moving average of $0.63.

Callinex Mines Company Profile

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Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.

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