Callinex Mines Inc. (CVE:CNX – Get Free Report) was down 1.1% during mid-day trading on Monday . The stock traded as low as C$2.62 and last traded at C$2.70. Approximately 10,964 shares changed hands during trading, a decline of 61% from the average daily volume of 28,137 shares. The stock had previously closed at C$2.73.
Callinex Mines Stock Performance
The firm has a market capitalization of C$46.49 million, a P/E ratio of -54.00 and a beta of 2.37. The company’s 50 day moving average is C$2.87 and its 200-day moving average is C$3.16. The company has a quick ratio of 2.32, a current ratio of 10.24 and a debt-to-equity ratio of 0.19.
Callinex Mines Company Profile
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 6,000 square hectare 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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