CANEX Metals (CVE:CANX) Trading 27.3% Higher – Here’s Why

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price rose 27.3% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 148,000 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 97,202 shares. The stock had previously closed at C$0.06.

CANEX Metals Stock Up 27.3%

The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04. The company has a market capitalization of C$8.57 million, a PE ratio of -28.19 and a beta of 1.19.

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.