CANEX Metals (CVE:CANX) Shares Down 15.9% – What’s Next?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price fell 15.9% on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.19. 311,639 shares were traded during trading, an increase of 95% from the average session volume of 159,491 shares. The stock had previously closed at C$0.22.

CANEX Metals Trading Down 11.4%

The stock has a market capitalization of C$28.66 million, a PE ratio of -36.24 and a beta of 1.24. The firm has a 50 day moving average price of C$0.13 and a 200 day moving average price of C$0.11.

CANEX Metals Company Profile

(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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

Further Reading

Receive News & Ratings for CANEX Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CANEX Metals and related companies with MarketBeat.com's FREE daily email newsletter.