Callinex Mines (CVE:CNX) Stock Price Up 4.1% – Here’s What Happened

Shares of Callinex Mines Inc. (CVE:CNX) rose 4.1% during trading on Tuesday . The company traded as high as C$1.02 and last traded at C$1.02. Approximately 610 shares changed hands during trading, a decline of 96% from the average daily volume of 16,377 shares. The stock had previously closed at C$0.98.

Callinex Mines Stock Up 4.1 %

The company has a quick ratio of 2.32, a current ratio of 0.45 and a debt-to-equity ratio of 0.10. The stock has a market cap of C$19.20 million, a PE ratio of -17.00 and a beta of 1.98. The firm has a fifty day moving average of C$0.98 and a 200 day moving average of C$1.19.

Callinex Mines Company Profile

Callinex Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Its principal project portfolio includes the Pine Bay project that covers an area of 6,795 square hectare and 77 contiguous mineral claims situated in the Flin Flon Mining District, Manitoba; and the Nash Creek property, which comprises seven contiguous mineral claims that covers an area of 15,542.31 hectares located in Restigouche County in northeast New Brunswick.