Callinex Mines Inc. (CVE:CNX – Get Free Report)’s share price dropped 1.3% on Wednesday . The stock traded as low as C$0.74 and last traded at C$0.75. 6,481 shares were traded during mid-day trading, a decline of 55% from the average session volume of 14,265 shares. The stock had previously closed at C$0.76.
Callinex Mines Trading Down 1.3%
The company has a quick ratio of 2.32, a current ratio of 0.21 and a debt-to-equity ratio of 0.10. The business’s fifty day moving average is C$0.75 and its 200 day moving average is C$0.75. The firm has a market capitalization of C$14.31 million, a price-to-earnings ratio of -12.50 and a beta of -0.20.
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.
Further Reading
- Five stocks we like better than Callinex Mines
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Callinex Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Callinex Mines and related companies with MarketBeat.com's FREE daily email newsletter.
