CANEX Metals (CANX) Price & Analysis

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CANX Stock Chart & Stats

C$0.20

C$0.00(0.00%)

At close: Jan 07 4:00 PM EST

C$0.20

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.04 - C$0.33

Previous CloseN/A

Volume14.00K

Average Volume (3M)249.63K

Market Cap

C$45.08M

Enterprise ValueC$39.01M

Total Cash (Recent Filing)C$663.91K

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta2.08

Next Earnings

May 14, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)N/A

Shares Outstanding166,950,490

10 Day Avg. Volume54,728

30 Day Avg. Volume249,630

Financial Highlights & Ratios

PEG Ratio-0.76

Price to Book (P/B)2.90

Price to Sales (P/S)0.00

P/FCF Ratio-83.56

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Debt-free Balance SheetHaving no reported debt materially reduces solvency and interest-rate risk for an exploration company. This structural strength preserves financial flexibility to fund field programs or withstand market dislocations without debt-servicing pressure, supporting multi-month project execution.

Growing Equity And Asset BaseAn increasing equity and asset base provides a larger funding cushion for exploration expenditures and lowers short-term dilution pressure. A stronger balance sheet supports sustained drilling and sampling programs and improves the company's ability to negotiate JV or financing terms over the coming months.

Improving Free Cash Flow TrendMaterial improvement in free cash flow burn signals tighter cost control or more efficient capital deployment in field programs. While still negative, the trend reduces near-term financing needs, extending runway and making ongoing exploration activity more sustainable over a 2-6 month horizon if the improvement persists.

Bears Say

Pre-revenue OperationsOperating without revenue means all activity is financed rather than self-funded; this structural state keeps the company dependent on external capital until a commercial resource or sale is realized. The lack of revenue elevates execution and financing risk over the medium term.

Persistent Negative Cash FlowChronic negative operating and free cash flow necessitate repeated capital raises, increasing dilution risk and creating dependency on market conditions. Until cash flow turns positive, project timelines and exploration continuity can be constrained if funding becomes less available.

Negative Returns On Equity And Unprofitable OperationsPersistent losses producing negative ROE indicate shareholder capital is not generating returns. For an exploration-stage miner, this underscores the structural risk that resource discovery or value realization may be distant, leaving profitability uncertain over the next several months.

CANEX Metals News

Court Orders Early Gold Basin Shareholder Meeting, Tightens Limits on Board Actions

The latest update is out from CANEX Metals ( ($TSE:CANX) ). CANEX Metals said the Supreme Court of...

9d ago

CANEX Metals Secures Majority Stake in Gold Basin and Moves to Privatization

An update from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals has successfully concluded its offer...

11d ago

CANEX Metals Seizes Control of Gold Basin and Moves to Reshape Governance

CANEX Metals ( ($TSE:CANX) ) has shared an announcement. CANEX Metals has secured a controlling 51.93% stake in...

15d ago

CANEX Metals Secures Majority Control of Gold Basin and Extends Takeover Offer

CANEX Metals ( ($TSE:CANX) ) has issued an update. CANEX Metals has secured control of Gold Basin Resources...

23d ago

CANEX Metals Challenges Gold Basin’s Secured Loan Deal, Urges Shareholders to Back Takeover Bid

CANEX Metals ( ($TSE:CANX) ) has provided an update. CANEX Metals has reaffirmed its commitment to its outstanding...

1M ago

CANEX Metals Nears Majority Support in Gold Basin Bid, Extends Offer Deadline

CANEX Metals ( ($TSE:CANX) ) has shared an update. CANEX Metals has reported that 49.02% of Gold Basin...

1M ago

CANEX Metals Gains Strong Backing in Gold Basin Bid, Extends Offer and Lowers Tender Threshold

CANEX Metals ( ($TSE:CANX) ) has issued an update. CANEX Metals has reported that 47% of Gold Basin...

1M ago

CANEX Metals Raises $3 Million and Gains New Insider as Gold Basin Bid Builds Momentum

CANEX Metals ( ($TSE:CANX) ) has shared an update. CANEX Metals has closed a non-brokered private placement of...

2M ago

CANEX Metals Secures $3 Million Financing to Support Gold Basin Acquisition

An announcement from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals Inc. has announced a C$3...

2M ago

CANEX Metals Gains Support for Gold Basin Acquisition Amid Urgent Deadlines

CANEX Metals ( ($TSE:CANX) ) just unveiled an update. CANEX Metals Inc. has announced that over 30% of...

3M ago

CANX FAQ

What was CANEX Metals Inc’s price range in the past 12 months?

CANEX Metals Inc lowest stock price was C$0.04 and its highest was C$0.33 in the past 12 months.

What is CANEX Metals Inc’s market cap?

CANEX Metals Inc’s market cap is C$45.08M.

When is CANEX Metals Inc’s upcoming earnings report date?

CANEX Metals Inc’s upcoming earnings report date is May 14, 2026 which is in 82 days.

How were CANEX Metals Inc’s earnings last quarter?

Currently, no data Available

Is CANEX Metals Inc overvalued?

According to Wall Street analysts CANEX Metals Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does CANEX Metals Inc pay dividends?

CANEX Metals Inc does not currently pay dividends.

What is CANEX Metals Inc’s EPS estimate?

CANEX Metals Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does CANEX Metals Inc have?

CANEX Metals Inc has 166,950,490 shares outstanding.

What happened to CANEX Metals Inc’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of CANEX Metals Inc?

Currently, no hedge funds are holding shares in TSE:CANX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

CANEX Metals Inc

CANEX Metals Inc. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 202 lode mining claims and 2 patented claims covering an area of 1,504 hectares located in Mohave County, Arizona; Gibson property covering an area of 887 hectares located in central British Columbia; and the Echo, Fulton, Red, and Beal properties located in British Columbia. The company was formerly known as Northern Abitibi Mining Corp. and changed its name to CANEX Metals Inc. in April 2017. CANEX Metals Inc. is headquartered in Calgary, Canada.