Callinex Mines Inc. (CVE:CNX – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.84 and last traded at C$0.86, with a volume of 12688 shares traded. The stock had previously closed at C$0.89.
Callinex Mines Stock Down 3.4 %
The company has a market capitalization of C$16.19 million, a price-to-earnings ratio of -14.33 and a beta of 1.98. The company has a quick ratio of 2.32, a current ratio of 0.45 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of C$0.95 and a 200-day moving average price of C$1.06.
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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