Callinex Mines Inc. (CVE:CNX – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.68 and last traded at C$0.76, with a volume of 59000 shares. The stock had previously closed at C$0.78.
Callinex Mines Price Performance
The company has a quick ratio of 2.32, a current ratio of 1.68 and a debt-to-equity ratio of 0.10. The firm has a market cap of C$16.77 million, a PE ratio of -15.38 and a beta of 1.98. The stock has a 50 day moving average price of C$0.85 and a two-hundred day moving average price of C$0.94.
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.
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