Callinex Mines Inc. (CVE:CNX – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 42093 shares changing hands. The stock had previously closed at C$0.83.
Callinex Mines Stock Performance
The stock’s 50-day simple moving average is C$0.89 and its 200-day simple moving average is C$0.98. The stock has a market cap of C$16.00 million, a price-to-earnings ratio of -14.17 and a beta of 1.98. The company has a current ratio of 0.45, a quick ratio of 2.32 and a debt-to-equity ratio of 0.10.
About Callinex Mines
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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