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CANEX Metals Inc

Company price
0.37 CAD 0.01 ( 2.78%)
Last update at 2026-11-04T20:11:00Z
VOLUME
768726
Market Cap
30.86M

Momentum Score

…

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.

Source: TradingView
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Day Price Range
0.36
Low
0.40
High
52 Week Price Range
0.04
Low
0.33
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Canex Metals Inc (TSXV: CANX) is a junior mineral exploration company focused on identifying and advancing precious and base metal targets. Long-term growth may be driven by successful drilling results, favorable commodity prices and strategic partner agreements that advance projects toward resource definition. Investors may find exposure to early-stage exploration upside attractive as a complement to diversified portfolios, subject to execution and financing outcomes.

Primary investment risks include high exploration and development uncertainty, the need for ongoing capital raisings that could dilute shareholders, commodity-price volatility and permitting or geopolitical hurdles that may delay project progress.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.36
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-6.73%
Net Debt
-
ROCE
-8.09%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Income before tax -0.50M -0.28M -0.54M -0.78M -0.81M
Net income -0.50M -0.28M -0.54M -0.78M -0.81M
Selling general administrative 0.57M 0.25M 0.41M 0.71M 0.52M
Selling and marketing expenses - - 0.05M 0.06M 0.05M
Gross profit - - -0.00M -0.00M -0.00M
Reconciled depreciation - - 0.00M 0.00M 0.00M
Ebit - - -0.60M -0.64M -0.24M
Ebitda - - -0.43M -0.64M -0.24M
Depreciation and amortization - - 0.17M 0.00M 0.00M
Operating income -0.59M -0.29M -0.43M -0.64M -0.24M
Other operating expenses - - 0.49M 0.71M 0.52M
Interest expense 0.00M 0.00M - - 0.00M
Interest income 0.01M 0.01M 0.02M 0.00M 0.00M
Net interest income 0.00M 0.01M 0.02M 0.00M 0.00M
Income tax expense - - -0.13M 0.07M 0.28M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.59M 0.29M 0.49M 0.71M 0.52M
Cost of revenue - - 0.00M 0.00M 0.00M
Total other income expense net 0.10M 0.00M -0.06M -0.07M -0.28M
Net income from continuing ops -0.50M -0.28M -0.54M -0.78M -0.81M
Net income applicable to common shares - - - -0.78M -0.81M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total assets 7.60M 5.97M 5.92M 5.77M 3.88M
Other current assets - - - 0.00M 0.00M
Total liab 0.32M 0.10M 0.10M 0.15M 0.23M
Total stockholder equity 7.28M 5.87M 5.83M 5.62M 3.65M
Other current liab - - - - 0.00M
Common stock - - - 20.43M 17.79M
Capital stock 23.14M 21.45M 21.14M 20.43M 17.79M
Retained earnings -18.35M -17.85M -17.57M -17.03M -16.25M
Other liab - - - 0.05M 0.05M
Cash 0.66M 0.16M 0.70M 1.46M 1.20M
Total current liabilities 0.27M 0.05M 0.06M 0.09M 0.19M
Other stockholder equity - - - 2.23M 2.11M
Property plant equipment - - - 3.96M 1.99M
Total current assets 0.77M 0.20M 0.83M 1.81M 1.89M
Net tangible assets - - - 5.62M 3.65M
Short term investments 0.00M 0.03M 0.09M 0.31M 0.62M
Net receivables - - - 0.01M 0.01M
Accounts payable 0.20M 0.00M 0.01M 0.05M 0.14M
Non current assets total 6.82M 5.76M 5.10M 3.96M 1.99M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Investments 0.05M 0.06M -0.89M 0.24M 0.12M
Change to liabilities - - - 0.01M 0.00M
Total cashflows from investing activities - - - -1.83M -0.67M
Total cash from financing activities 1.71M -0.00M 0.59M 2.62M 1.90M
Change to operating activities - - - 0.03M -0.03M
Net income -0.50M -0.28M -0.54M -0.78M -0.81M
Change in cash 0.51M -0.54M -0.76M 0.26M 0.75M
Begin period cash flow 0.16M 0.70M 1.46M 1.20M 0.45M
End period cash flow 0.66M 0.16M 0.70M 1.46M 1.20M
Total cash from operating activities -0.25M -0.25M -0.47M -0.53M -0.48M
Issuance of capital stock 1.74M 0.00M 0.60M 2.50M 1.70M
Depreciation - - 0.00M 0.00M 0.00M
Other cashflows from investing activities - - - 0.00M 0.01M
Change to account receivables -0.03M 0.00M 0.00M -0.00M 0.00M
Other cashflows from financing activities - - -0.01M 0.12M 0.20M
Change to netincome - - - 0.21M -0.12M
Capital expenditures 0.54M 0.34M 1.06M 2.07M 0.80M
Change in working capital 0.13M 0.03M -0.00M 0.05M -0.03M
Stock based compensation 0.21M 0.01M 0.04M 0.14M 0.07M
Other non cash items -0.08M -0.01M 0.04M -0.00M -0.00M
Free cash flow -0.79M -0.60M -1.52M -2.59M -1.28M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CANX
CANEX Metals Inc
0.01
2.78%
0.37 - - 3.41 3.74 0.97 25.48
OMG
Omai Gold Mines Corp
0.18
12.08%
1.67 - - - 62.63 - -4.09
ASE
Asante Gold Corporation
0.07
12.07%
0.65 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.
0.06
6.98%
0.92 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp
0.80
7.86%
10.98 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

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.

734 - 7th Avenue SW, Calgary, AB, Canada, T2P 3P8

403 233 2636

Name Title Year Born
Dr. Shane W. Ebert B.Sc., P. Geo., P.Geo. Exec. Chairman & Pres 1967
Ms. Chantelle Collins CPA, CGA Chief Financial Officer NA
Mr. Jean Pierre Jutras B.Sc., B.Sc. Hons, P.Geo., P.Geol. VP & Director 1967
Ms. Barbara Michele O'Neill Corp. Sec. 1967
Dr. Shane W. Ebert B.Sc., P. Geo., P.Geo. Executive Chairman & President 1967
Mr. Jean-Pierre Jutras B.Sc., B.Sc. Hons, P.Geo., P.Geol. VP & Director 1967
Ms. Barbara Michele O'Neill Corporate Secretary 1967
Dr. Shane W. Ebert B.Sc., P.Geo., Ph.D. Executive Chairman & President 1967

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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