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$49.03M

Enterprise ValueC$31.37M

Total Cash (Recent Filing)C$3.16M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta1.98

Next Earnings

May 14, 2026

EPS 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 SheetA debt-free capital structure materially lowers near-term solvency and interest-service risk, giving management durable flexibility to fund exploration via equity or partnerships. This reduces bankruptcy/default risk and preserves optionality across a 2–6 month horizon.

Growing Equity And Asset BaseA materially larger equity and asset base strengthens the company's resource of capital to support exploration programs and enhances credibility with partners and financiers. This expanded balance-sheet capacity is a durable foundation for advancing projects over months.

Directionally Improving Cash BurnImproving free cash flow and reduced cash burn show progress in expense control or program scaling, which lowers near-term financing needs. The trajectory toward smaller negative cash flows is a lasting operational improvement if sustained over coming quarters.

Bears Say

No Revenue / Persistent LossesOperating without revenue means the business remains exploration-stage and relies on external capital rather than organic cash generation. Persistent net losses reduce retained earnings and imply a multistep path to commercial cash flows, a structural risk for investors over months.

Negative Operating Cash FlowConsistently negative operating cash flow forces recurring financing or equity raises to fund exploration. This increases dilution and execution risk and constrains the company's ability to pace drilling and evaluation programs without external capital over the medium term.

Negative Returns On EquityA negative ROE indicates the enlarged equity base is not yet converting into shareholder returns. Continued negative returns can erode investor confidence and mean management has not demonstrated profitable project conversion, a structural drag on long-term value creation.

CANEX Metals News

CANEX Moves to Assert Control at Gold Basin With Court-Ordered AGM

An update from CANEX Metals ( ($TSE:CANX) ) is now available. CANEX Metals has called an annual general...

19d ago

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...

30d 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...

1M 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...

1M 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...

1M 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...

2M 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...

2M 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...

2M 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...

3M 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...

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$49.03M.

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 61 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. 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 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.