CANEX Metals (CVE:CANX) Reaches New 1-Year High – Time to Buy?

CANEX Metals Inc. (CVE:CANXGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.44, with a volume of 412304 shares. The stock had previously closed at C$0.42.

CANEX Metals Trading Up 1.2%

The company has a 50-day moving average price of C$0.26 and a two-hundred day moving average price of C$0.25. The stock has a market cap of C$112.51 million, a P/E ratio of -36.24 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. The company was incorporated in 1971 and is headquartered in Calgary, Canada.

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