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CANX Stock Chart & Stats
C$0.20
>-C$0.01(-2.44%)
At close: 4:00 PM EDT
C$0.20
>-C$0.01(-2.44%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.33
Previous CloseN/A
Volume302.50K
Average Volume (3M)249.63K
Market Cap
C$49.35M
Enterprise ValueC$55.56
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$302.99K
Price to Earnings (P/E)―
Beta1.52
Next Earnings
Dec 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding229,543,350
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
Low Leverage / Strong Balance SheetVery low debt relative to equity gives CANEX durable financial flexibility to fund exploration programs and absorb setbacks without urgent refinancing. This reduces liquidity and interest-rate risks, preserves optionality for project advancement, and supports near-term operations.
Focused Exploration Business ModelA clear, focused exploration strategy centered on precious metals creates operational clarity and repeatable program plans (mapping, sampling, drilling). This structural model aligns costs to milestone-based progress and enables staged capital deployment tied to technical results.
Improving Free Cash Flow TrendFCF improvement vs prior years suggests better capital efficiency and some cost control, which lengthens the cash runway. While still negative, a trending reduction in outflows lowers near-term financing needs and diminishes immediate dilution pressure if sustained.
Bears Say
Pre-revenue OperationsZero revenue means the business is fully dependent on exploration success and external capital. Without operating income, the company cannot self-finance growth; long-term value depends on discovery or asset monetization, which is inherently uncertain and binary.
Persistent Cash BurnConsistent negative operating and free cash flow implies recurring funding needs to sustain exploration. Continued burn increases reliance on capital markets, raising dilution and execution risk if financing conditions tighten or raises are priced unfavorably.
Negative Returns On EquityA negative ROE shows capital deployed is not generating returns, which over time can erode shareholder equity if losses persist. Even with low leverage, sustained negative returns raise the likelihood of equity raises or asset sales, pressuring long-term shareholder value.
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$0.07 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$49.35M.
When is CANEX Metals Inc’s upcoming earnings report date?
CANEX Metals Inc’s upcoming earnings report date is Dec 23, 2026 which is in 131 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 229,543,350 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., explores and develops of mineral properties in Canada and the United States. The company explores for gold, copper, and silver deposits. It holds interests in the Gold Range property that consists of 261 lode mining claims and 2 patented claims covering an area of approximately 1650 hectares located in Mohave County, Arizona; and the Gibson property covering an area of approximately 887 hectares located in central British Columbia. The company also holds interests in the Louise Lake property that consist of six mineral claims, covering an area of 5,362.95 hectares situated in the Omineca Mining Division, British Columbia. In addition, it has an option agreement to acquire the Excelsior Mine gold project. The company was incorporated in 1971 and is headquartered in Calgary, Canada.
Technical Analysis
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