CANEX Metals Inc.

CANEX Metals Inc.verified

CANX.V

Price:

$0.05

Market Cap:

$5.51M

CANEX Metals Inc. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 202 lode mining claims and 2 patented claims covering an area of 1,504 hectares located in Mohave County, Arizona; Gibson property covering an area of 887 hectares located in central British Columbia; and the Echo, Fulton, Red, and Beal properties located in British Columbia. The company was formerly known as Northern Abitibi Mining Corp. and changed its name to CANEX Metals Inc. in April 2017. CANEX Metals Inc. is headquartered in Calgary, Canada.[Read more]

Industry

Gold

IPO Date

1996-07-31

Stock Exchange

TSXV

Ticker

CANX.V

The Current Ratio as of September 2024 (TTM) for CANEX Metals Inc. (CANX.V) is 43.43

According to CANEX Metals Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 43.43. This represents a change of 73.81% compared to the average of 24.98 of the last 4 quarters.

CANEX Metals Inc. (CANX.V) Historical Current Ratio (quarterly & annually)

How has CANX.V Current Ratio performed in the past?

The mean historical Current Ratio of CANEX Metals Inc. over the last ten years is 14.75. The current 43.43 Current Ratio has changed 29.34% with respect to the historical average. Over the past ten years (40 quarters), CANX.V's Current Ratio was at its highest in in the June 2020 quarter at 133.83. The Current Ratio was at its lowest in in the March 2022 quarter at 2.54.

Quarterly (TTM)
Annual

Average

14.75

Median

14.07

Minimum

10.16

Maximum

23.80

CANEX Metals Inc. (CANX.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CANEX Metals Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 91.32%

Maximum Annual Current Ratio = 23.80

Minimum Annual Increase = -56.23%

Minimum Annual Current Ratio = 10.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
202313.83-28.83%
202219.4391.32%
202110.16-5.01%
202010.69-33.35%
201916.051.30%
201815.8420.87%
201713.11-44.95%
201623.8066.32%
201514.3139.43%
201410.26-56.23%

CANEX Metals Inc. (CANX.V) Average Current Ratio

How has CANX.V Current Ratio performed in the past?

The current Current Ratio of CANEX Metals Inc. (CANX.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

14.47

5-year avg

14.03

10-year avg

14.75

CANEX Metals Inc. (CANX.V) Current Ratio vs. Peers

How is CANX.V’s Current Ratio compared to its peers?

CANEX Metals Inc.’s Current Ratio is greater than Magna Terra Minerals Inc. (0.30), less than Inventus Mining Corp. (0), less than null (0), greater than null (1.44), less than null (0),

CompanyCurrent RatioMarket cap
0.30$2.39M
0$9.03M
0$0
1.44$0
0$0

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