Callinex Mines (CVE:CNX) Trading 2.2% Higher

Callinex Mines Inc. (CVE:CNXGet Free Report)’s share price was up 2.2% during mid-day trading on Wednesday . The stock traded as high as C$1.40 and last traded at C$1.40. Approximately 300 shares changed hands during trading, a decline of 98% from the average daily volume of 14,162 shares. The stock had previously closed at C$1.37.

Callinex Mines Price Performance

The stock has a market cap of C$24.53 million, a PE ratio of -20.00 and a beta of 2.06. The company has a current ratio of 1.95, a quick ratio of 2.32 and a debt-to-equity ratio of 0.10. The company’s 50 day moving average is C$1.31 and its 200-day moving average is C$1.66.

About Callinex Mines

(Get Free Report)

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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