Callinex Mines Inc. (CVE:CNX – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.85 and last traded at C$0.86, with a volume of 19030 shares trading hands. The stock had previously closed at C$0.88.
Callinex Mines Trading Up 6.0 %
The firm has a market cap of C$16.75 million, a P/E ratio of -14.83 and a beta of 1.98. The company’s 50 day moving average is C$0.95 and its two-hundred day moving average is C$1.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.45 and a quick ratio of 2.32.
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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