CANEX Metals Inc (TSE:CANX)
:CANX
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CANX Stock Chart & Stats
C$0.20
C$0.00(0.00%)
At close: 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$61.63M
Enterprise ValueC$36.51M
Total Cash (Recent Filing)C$3.16M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Jul 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding208,927,860
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 SheetA zero debt load materially reduces solvency and interest-rate risks for an exploration company. This durable structural strength preserves financing optionality, lowers fixed cash outflows, and gives management flexibility to allocate equity financing toward drilling and project advancement over months.
Growing Equity And Asset BaseA materially larger equity and asset base provides a stronger foundation to fund multi-stage exploration programs without immediate revenue. Over the medium term this improves balance-sheet credibility with partners and investors, enabling joint ventures or staged capital deployment to advance targets.
Improving Cash Burn TrajectoryA demonstrable reduction in negative free cash flow signals management is improving spending efficiency or project prioritization. While still cash consuming, the trending improvement lengthens runway and reduces near-term financing pressure, a structurally constructive trend for exploration execution.
Bears Say
No Revenue GenerationAbsence of revenue is a fundamental constraint: it means the business model has yet to generate commercial cash inflows and remains fully dependent on capital markets. Over the coming months this elevates dilution and execution risk until commercial or financing milestones are achieved.
Ongoing Net Losses And Negative Cash FlowSustained net losses and negative operating cash flow deplete equity and force external financing to sustain exploration. This structural cash deficit constrains the ability to scale programs organically, raises execution risk, and can materially affect strategy if capital access tightens.
Negative Returns On EquityA negative ROE indicates capital deployed is not producing returns and signals poor capital efficiency. For an exploration company, this raises questions about project selection and ability to convert assets into profitable operations, potentially increasing future financing costs.
CANEX Metals News
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$61.63M.
When is CANEX Metals Inc’s upcoming earnings report date?
CANEX Metals Inc’s upcoming earnings report date is Jul 23, 2026 which is in 64 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.
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 208,927,860 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.
Technical Analysis
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Options Prices
Currently, No data available
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