CANEX Metals (CVE:CANX) Shares Down 20% – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report) shares were down 20% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 229,000 shares changed 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 Price Performance

The company has a market capitalization of C$4.90 million, a PE ratio of -16.11 and a beta of 1.19. The business’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

CANEX Metals Company Profile

(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.

Featured Articles

Receive News & Ratings for CANEX Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CANEX Metals and related companies with MarketBeat.com's FREE daily email newsletter.