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CANX Stock Chart & Stats
C$0.30
>-C$0.01(-2.44%)
At close: 4:00 PM EDT
C$0.30
>-C$0.01(-2.44%)
Day’s Range― - ―
52-Week RangeC$0.09 - C$0.44
Previous CloseN/A
Volume302.50K
Average Volume (3M)380.99K
Market Cap
C$103.82M
Enterprise ValueC$53.66
Total Cash (Recent Filing)C$724.44K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.23
Next Earnings
Dec 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding247,179,200
10 Day Avg. Volume561,113
30 Day Avg. Volume380,985
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
Debt-free Balance SheetA debt-free structure limits mandatory interest and repayment obligations, preserving flexibility while exploration assets are advanced. This gives CANEX greater resilience during funding cycles and avoids the additional financial pressure that leverage would impose on an early-stage business.
Improved CapitalizationThe sharp increase in equity indicates meaningful financing support and a stronger capital base for exploration, administration, and property costs. Although it does not create operating earnings, improved capitalization can extend execution capacity and support continued project advancement.
Focused Exploration ModelA focused exploration model allows CANEX to build value by advancing mineral properties and testing their economic potential before committing to production. Successful definition or expansion of resources could create future monetization opportunities through partners, transactions, or retained project interests.
Bears Say
No Operating RevenueThe absence of revenue means CANEX currently lacks an operating cash engine to fund exploration and corporate expenses. Its financial outcomes therefore remain dependent on project progress and access to external capital, making durable earnings generation contingent on future development success.
Widening LossesThe material increase in net loss signals weaker near-term earnings momentum and indicates that spending is rising without corresponding revenue. Persistent losses can consume the equity base over time, reduce funding efficiency, and make future capital requirements more significant if the trend continues.
Persistent Cash BurnNegative operating and free cash flow in every period shows that exploration and corporate activities are not self-funded. With TTM burn increasing versus FY2025, CANEX remains reliant on external funding until projects generate proceeds or operating cash, creating an ongoing financing requirement.
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$0.09 and its highest was C$0.44 in the past 12 months.
What is CANEX Metals Inc’s market cap?
CANEX Metals Inc’s market cap is C$103.82M.
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 98 days.
How were CANEX Metals Inc’s earnings last quarter?
CANEX Metals Inc released its earnings results on Jul 23, 2026. The company reported -C$0.004 earnings per share for the quarter.
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 247,179,200 shares outstanding.
What happened to CANEX Metals Inc’s price movement after its last earnings report?
CANEX Metals Inc reported an EPS of -C$0.004 in its last earnings report. Following the earnings report the stock price went down -2.128%.
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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