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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$0.07 - C$0.33
Previous CloseN/A
Volume14.00K
Average Volume (3M)249.63K
Market Cap
C$52.26M
Enterprise ValueC$37.24M
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$302.99K
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Jul 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding209,027,860
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
Very Low Leverage / Strong Balance SheetExtremely low debt relative to equity gives CANEX durable financial flexibility to pursue exploration programs without heavy interest burdens. This conserves optionality, lowers insolvency risk, and preserves capacity to raise or deploy capital efficiently over the next several months.
Scaled Asset Base From Capital ActivityA materially larger asset base indicates the company has successfully added projects or raised capital, improving the probability of a meaningful discovery. Larger asset holdings increase optionality and make the exploration pipeline structurally more valuable over a multi-month horizon.
Improving Free Cash Flow TrendLess negative free cash flow versus earlier years suggests management is beginning to moderate cash burn and improve capital efficiency. A trend toward smaller outflows reduces near-term funding pressure and supports project continuity over the coming 2–6 months.
Bears Say
Pre-revenue Operating ModelCANEX is structurally pre-revenue, which means ongoing operations depend on capital markets or asset transactions rather than internal cash generation. This business model exposes investors to dilution and execution risk until resource monetization or revenue begins, a durable limitation.
Persistent Negative Cash GenerationSustained negative operating and free cash flows require frequent external financing to fund exploration. Persistent cash burn increases dilution risk, constrains the pace of project advancement, and limits strategic flexibility absent new capital over the medium term.
Widening Losses And Negative ReturnsIncreasing losses and negative return on equity erode shareholder value and signal that current spending has not yet produced economic returns. Continued negative ROE pressures the balance sheet and raises the likelihood of equity raises that dilute existing holders over coming months.
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$52.26M.
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 21 days.
How were CANEX Metals Inc’s earnings last quarter?
CANEX Metals Inc released its earnings results on May 27, 2026. The company reported -C$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.003.
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 209,027,860 shares outstanding.
What happened to CANEX Metals Inc’s price movement after its last earnings report?
CANEX Metals Inc reported an EPS of -C$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.791%.
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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Options Prices
Currently, No data available
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