CANEX Metals (CVE:CANX) Stock Price Down 1.3% – Should You Sell?

CANEX Metals Inc. (CVE:CANXGet Free Report) traded down 1.3% during mid-day trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.23. Approximately 114,396 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 164,594 shares. The stock had previously closed at C$0.23.

CANEX Metals Stock Down 2.4%

The firm has a market cap of C$41.73 million, a price-to-earnings ratio of -36.24 and a beta of 0.92. The company has a current ratio of 1.25, a quick ratio of 15.67 and a debt-to-equity ratio of 1.36. The stock has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.25.

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

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