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

CANEX Metals Inc. (CVE:CANXGet Free Report) was down 10% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 246,000 shares changed hands during mid-day trading, an increase of 90% from the average daily volume of 129,236 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Down 10.0 %

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