Shares of CANEX Metals Inc. (CVE:CANX – Get Free Report) fell 22.2% during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 193,220 shares traded hands during mid-day trading, an increase of 100% from the average session volume of 96,825 shares. The stock had previously closed at C$0.05.
CANEX Metals Stock Down 22.2 %
The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a current ratio of 43.42, a quick ratio of 15.67 and a debt-to-equity ratio of 0.64. The stock has a market cap of C$4.00 million, a P/E ratio of -3.50 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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