CANEX Metals (CVE:CANX) Trading Up 20% – Here’s What Happened

CANEX Metals Inc. (CVE:CANX)’s stock price rose 20% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 193,870 shares traded hands during trading, an increase of 48% from the average daily volume of 131,339 shares. The stock had previously closed at C$0.05.

CANEX Metals Trading Up 20.0 %

The stock has a market capitalization of C$7.34 million, a P/E ratio of -24.16 and a beta of 1.19. The business’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

CANEX Metals Company Profile

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.