CANEX Metals (CVE:CANX) Sets New 12-Month Low – Here’s What Happened

CANEX Metals Inc. (CVE:CANXGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 20200 shares. The stock had previously closed at C$0.04.

CANEX Metals Stock Performance

The company has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a debt-to-equity ratio of 0.64, a quick ratio of 15.67 and a current ratio of 43.42. The company has a market capitalization of C$4.00 million, a PE ratio of -3.50 and a beta of 1.19.

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.

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