Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
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.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.