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flag CANEX Metals shares surged 25% to C$0.13 amid unexplained trading activity.

flag CANEX Metals (CVE:CANX) shares jumped 25% on Monday, reaching a high of C$0.13 and closing at that level, up from C$0.10, with trading volume slightly below average. flag The junior exploration company, focused on gold and silver projects in Canada and the U.S., has a market cap of C$18.37 million, a negative P/E ratio of -36.24, and a beta of 1.24, indicating higher volatility. flag Its 50-day moving average is C$0.13, matching its closing price, while the 200-day average is C$0.09. flag The stock holds interests in the Gold Range property in Arizona and the Gibson property in British Columbia, but no specific reason for the price surge was provided.

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