Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) rose 40% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 110,399 shares were traded during trading, a decline of 14% from the average daily volume of 128,374 shares. The stock had previously closed at C$0.05.
CANEX Metals Price Performance
The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$7.34 million, a P/E ratio of -24.16 and a beta of 1.19.
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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