Callinex Mines Inc. (CVE:CNX – Get Free Report)’s stock price dropped 2% during trading on Tuesday . The stock traded as low as C$0.71 and last traded at C$0.73. Approximately 20,891 shares changed hands during trading, an increase of 26% from the average daily volume of 16,526 shares. The stock had previously closed at C$0.74.
Callinex Mines Trading Down 2.0%
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’s 50-day moving average price is C$0.81 and its 200 day moving average price is C$0.82. The company has a market capitalization of C$15.19 million, a P/E ratio of -13.93 and a beta of 1.98.
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 6,795 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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