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CANX Stock Chart & Stats
C$0.20
>-C$0.01(-2.44%)
At close: 4:00 PM EDT
C$0.20
>-C$0.01(-2.44%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.33
Previous CloseN/A
Volume302.50K
Average Volume (3M)249.63K
Market Cap
C$44.76M
Enterprise ValueC$55.56
Total Cash (Recent Filing)C$2.00M
Total Debt (Recent Filing)C$302.99K
Price to Earnings (P/E)―
Beta1.42
Next Earnings
Dec 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
Very Low Leverage / Strong Balance SheetExtremely low debt and a large equity base materially reduce solvency and interest burdens for an exploration miner. This durable financial flexibility supports multi-stage drilling programs and exploration spending without immediate refinancing pressure, lowering bankruptcy risk over the next several months.
Scaled Asset Base Via Capital RaisesA materially larger asset base indicates the company has been able to access capital markets and/or add properties. Persistent access to financing and growing project inventory are structural positives for an explorer, enabling continued program advancement and longer runway to discovery.
Improving Free Cash Flow Trend (still Negative)Although FCF remains negative, a demonstrable improvement versus prior years signals better cash discipline or more efficient program execution. A sustained trend toward lower cash burn would materially reduce future funding needs and support steady project development over the medium term.
Bears Say
Pre-revenue Status With Widening LossesThe company remains entirely pre-revenue and reported a wider TTM net loss, reflecting higher exploration spend without offsetting cash inflows. Until meaningful revenue or a monetizable discovery occurs, profitability is unlikely and equity holders bear execution and geological risk.
Persistent Negative Operating And Free Cash FlowSustained operating and free cash outflows require recurring external funding to maintain programs. This structural cash burn elevates dilution risk and constrains the firm's ability to self-fund exploration, potentially slowing project timelines if capital access tightens.
Negative Return On Equity And Dilution RiskA negative ROE indicates the company is destroying shareholder capital rather than generating returns. Over time, persistent negative ROE typically forces further equity issuance or reduces net asset value per share, creating structural dilution risk for existing investors.
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$44.76M.
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 143 days.
How were CANEX Metals Inc’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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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