CANEX Metals Inc (TSE:CANX)
:CANX
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$47.98M
Enterprise ValueC$30.64M
Total Cash (Recent Filing)C$3.16M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.75
Next Earnings
May 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding208,627,870
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
Conservative Balance Sheet (No Debt)A debt-free capital structure materially reduces solvency risk for an exploration company that lacks operating cash flow. With no fixed interest burden, management has greater flexibility to time financing, preserve optionality on projects, and avoid covenant pressure while advancing exploration.
Growing Equity And Asset BaseA larger equity and asset base provides durable funding capacity to support ongoing exploration and drill programs without immediate revenue. This expanded capital base can finance multi-stage resource definition, attract partners, and reduce the need for emergency dilutive financings over the medium term.
Improving Cash Burn TrendA directionally improving cash burn signals better cost control or optimized exploration spend, extending runway for project advancement. While still negative, this trend increases the company's ability to reach financing milestones or partner agreements before requiring major capital raises.
Bears Say
No Revenue / Loss-MakingOperating without revenue leaves the firm dependent on capital markets and partners to fund exploration. Over months this elevates execution risk: sustained losses mean management must continually raise financing, which can delay projects and increase dilution before any pathway to production is established.
Consistent Negative Operating Cash FlowPersistent negative operating cash flow constrains the company’s ability to self-fund exploration and development. Continued cash consumption risks forcing frequent financings or asset sales, which can dilute existing shareholders and hamper the long-term ability to advance projects to resource or feasibility stages.
Negative Returns On EquityA negative ROE indicates that recent investment in assets and equity has not produced value. If persistent, this suggests capital allocation and project selection have not yet generated scalable returns, limiting long-term shareholder value creation and making it harder to attract favourable strategic partners.
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$47.98M.
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 39 days.
How were CANEX Metals Inc’s earnings last quarter?
CANEX Metals Inc released its earnings results on Feb 24, 2026. The company reported -C$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.002.
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 208,627,870 shares outstanding.
What happened to CANEX Metals Inc’s price movement after its last earnings report?
CANEX Metals Inc reported an EPS of -C$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.923%.
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
BonTerra Resources
―
Japan Gold
―
American Pacific Mining
―
Gold'n Futures Mineral
―
Ridgeline Minerals
―
Options Prices
Currently, No data available
---