Today Callinex Mines Inc Stock Crashes


The stock of Callinex Mines Inc (CVE:CNX) is a huge mover today! The stock decreased 3.95% or $0.015 on September 13, hitting $0.365. About 401,998 shares traded hands or 38.73% up from the average. Callinex Mines Inc (CVE:CNX) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $21.05 million company. It was reported on Sep, 13 by We have $0.32 PT which if reached, will make CVE:CNX worth $2.74M less.

Callinex Mines Inc. is a Canada company, which is engaged in the acquisition, exploration and development of exploration and evaluation of assets. The company has a market cap of $21.05 million. The Firm operates through the exploration and evaluation of its exploration and evaluation assets in Canada segment. It currently has negative earnings. It focuses on carrying out exploration activities on the Flin Flon and Pine Bay properties, for the purpose of identifying copper and zinc rich volcanogenic massive sulfide (VMS) deposits.

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