CANEX Metals Inc (TSE:CANX)
:CANX
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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$50.14M
Enterprise ValueC$37.24M
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$302.99K
Price to Earnings (P/E)―
Beta1.57
Next Earnings
Jul 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding208,927,860
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
Low Leverage / Strong Balance SheetVery low debt and a sizable equity base materially reduce short-term solvency risk and give management funding flexibility to advance exploration programs without immediate reliance on costly debt. This strengthens the company's runway and lowers bankruptcy risk for the next several months.
Scaled Asset Base And Fundraising SuccessA materially larger asset base implies management has successfully acquired assets or raised capital to expand operations. That demonstrated ability to source funds and build project inventory supports continued exploration activity and increases the chance of advancing a viable discovery toward development.
Improving Free Cash Flow TrendAlthough still negative, improving free cash flow signals the company is moderating cash burn through better spending discipline or more efficient programs. A downward trajectory in outflows extends runway and reduces near-term financing pressure if the trend continues over several quarters.
Bears Say
Pre-revenue And Widening LossesBeing pre-revenue while operating losses are increasing means the business model has not yet proven commercial economics. Continued widening losses require ongoing capital infusions to sustain exploration, delaying any path to profitability and increasing execution risk over the medium term.
Persistent Negative Operating And Free Cash FlowConsistent negative operating and free cash flows indicate ongoing cash burn that will need external funding to continue exploration and drilling programs. Reliance on capital markets exposes the business to funding availability and dilution risk if market conditions tighten over the coming quarters.
Negative ROE And Dilution RiskA negative return on equity shows capital deployed is not yet creating shareholder value. Persistent negative ROE tends to force equity raises or costly financing, diluting existing holders and eroding the balance sheet, which can hamper long-term ability to finance larger-stage development.
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$50.14M.
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 44 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 208,927,860 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. focuses on identifying, acquiring, and advancing mineral properties, with a particular emphasis on discovering gold and silver deposits. The company holds a stake in several key assets, including the Gold Range property in Mohave County, Arizona, which encompasses 1,504 hectares across 202 lode and 2 patented mining claims. Its portfolio also features the 887-hectare Gibson property in central British Columbia, in addition to the Echo, Fulton, Red, and Beal properties, all situated in British Columbia. Established in April 2017 under its current name, CANEX Metals Inc. was formerly recognized as Northern Abitibi Mining Corp. Its corporate operations are based out of Calgary, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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