CANEX Metals (CVE:CANX) Trading 25% Higher – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price shot up 25% during trading on Saturday . The company traded as high as C$0.15 and last traded at C$0.15. 294,258 shares traded hands during trading, an increase of 90% from the average session volume of 154,666 shares. The stock had previously closed at C$0.12.

CANEX Metals Price Performance

The business has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.10. The firm has a market capitalization of C$22.04 million, a price-to-earnings ratio of -36.24 and a beta of 1.24.

About CANEX Metals

(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.

See Also

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.