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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$53.94M
Enterprise ValueC$37.24M
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$302.99K
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Jul 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 SheetExtremely low debt gives the company durable financial flexibility to fund exploration cycles, absorb setbacks, and prioritize project advancement over forced asset sales. This reduces bankruptcy risk and lengthens runway, supporting multi-stage exploration strategies for months ahead.
Improving Free Cash Flow TrendA less-negative free cash flow trajectory indicates improving cash discipline or more efficient program spend, which can materially extend the company’s financing runway. If sustained, this trend lowers near-term dilution risk and supports continued field programs over the next several quarters.
Scaled Asset Base / Capital AccessA materially larger asset base implies growing project inventory and successful access to capital. That structural increase in assets and demonstrated ability to raise funds provides optionality to advance targets, attract partners, or farm-out projects over the medium term.
Bears Say
Pre-revenue Business ModelBeing pre-revenue means operations generate no internal funding and future success depends on discovery and monetization events. This creates structural uncertainty: durable profitability is a binary, multi-period outcome that must be funded externally until commercial production is proven.
Persistent Cash BurnSustained negative operating and free cash flow necessitate recurring external financing to continue exploration. This structural cash burn risks program interruptions or repeated equity raises that dilute shareholders and can constrain long-term project delivery if capital markets tighten.
Negative Returns And Dilution RiskA negative return on equity shows current capital is not producing returns, signaling that value creation depends on future exploration success. To progress projects the company will likely need fresh capital, structurally increasing dilution risk and pressure on shareholder value over the next several funding rounds.
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$53.94M.
When is CANEX Metals Inc’s upcoming earnings report date?
CANEX Metals Inc’s upcoming earnings report date is Jul 23, 2026 which is tomorrow.
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 229,543,350 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.
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