Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.30 CAD
Change Today +0.02 / 7.14%
Volume 151.8K
CNX On Other Exchanges
Symbol
Exchange
Venture
Berlin
OTC US
As of 3:57 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

callinex mines inc (CNX) Snapshot

Open
C$0.28
Previous Close
C$0.28
Day High
C$0.32
Day Low
C$0.27
52 Week High
05/6/14 - C$0.42
52 Week Low
01/6/15 - C$0.16
Market Cap
10.1M
Average Volume 10 Days
106.6K
EPS TTM
C$-0.54
Shares Outstanding
33.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CALLINEX MINES INC (CNX)

Related News

No related news articles were found.

callinex mines inc (CNX) Related Businessweek News

No Related Businessweek News Found

callinex mines inc (CNX) Details

Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in the provinces of Manitoba and British Columbia, Canada. It explores for volcanogenic massive sulfide deposits, copper, gold, graphite, zinc, lead, and nickel. The company primarily focuses on carrying out exploration activities on the Flin Flon and Pine Bay properties located in the Flin Flon Mining area. Its properties also comprise Gossan/Rug claims, Sneath Lake property, Coles Creek property, Fox River property, Moak Lake property, Norris Lake property, the Herblet Lake property, the Island Lake property, and the Pulver Lake property. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Founded in 2011

callinex mines inc (CNX) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

callinex mines inc (CNX) Key Developments

Callinex Mines Inc. Commences Phase One Drilling Campaign at Pine Bay Project

Callinex Mines Inc. announced it has commenced phase one of the company's two-phase 4,000m drilling campaign at its 100% owned Pine Bay Project located near Flin Flon, Manitoba and adjacent to HudBay's 777 Mine. The first phase consists of approximately 8-10 holes totaling 2,000m with completion anticipated towards the end of March. The objectives of the two-phase drilling campaign at the Pine Bay and Flin Flon projects are to confirm, expand and discover high-grade copper and zinc rich massive sulfide mineralization. The company has outlined several new targets within the vicinity of the Pine Bay deposit. In particular, recent ground geophysical work has identified a new magnetic and electromagnetic conductor between the Pine Bay and Cabin deposits. Compilation work highlighted hole 112, drilled approximately 50m from the target, which intersected three mineralized zones including 1.52m of 9.4% zinc, 1.4 g/t gold and 0.26% copper. The Pine Bay Project is located 16km east of HudBay's 777 Mine and hosts four high-grade VMS deposits. The project is at an advanced permitting stage and includes a 212m vertical shaft with 760m of underground workings nearby historic resources. Callinex has not done sufficient work to classify the historical estimate as a current mineral resource and is not treating the historical estimate as a current mineral resource. The Pine Bay deposit is open at depth beneath 400m and a significant electromagnetic conductor suggests potential for additional mineralization. New data suggests that the Pine Bay deposit plunges to the northeast rather than a continuation of a near vertical plunge, trending towards hole 112 and the Cabin deposit. Historic drilling was based on the previous assumption of a near vertical plunge; as a result the extension of the newly projected plunge is untested. The Pine Bay Project is located 16km east of Flin Flon, MB, and covers approximately 6,000ha. The project includes a mineral lease that allows for the right to operate a mine and covers a 212m vertical shaft with 760m of underground development accessing high-grade copper mineralization. Significantly, a favorable geological trend with coincident geophysical anomalies extends for at least 8 km in a northeast-southwest direction and hosts HudBay's Centennial Mine along with Callinex's Sourdough and Pine Bay deposits. Previous operators reported historic resources totaling 1.62 million tons at a grade of 2.81% Cu Eq. Callinex has not done sufficient work to classify the historical estimate as a current mineral resource, and is not treating the historical estimate as a current mineral resource. The technical content of this technical news release has been reviewed and approved by Christina Taylor, P.Geo, the Company's Project Geologist, and a Qualified Person as defined by National Instrument 43-101.

Callinex Mines Inc. Provides Overview on Exploration Focus and Identifies Targets for Upcoming Diamond Drilling Campaign

Callinex Mines Inc. provided an overview on its exploration targets in advance of phase one of the 4,000m two-phase diamond drilling campaign at its Pine Bay and Flin Flon projects. The company has identified three high-priority target areas, two at the Pine Bay Project and one at the Flin Flon Project. The Company has compiled historic data from more than 400 drill holes and a 75-line km ground geophysical program is underway to assist in identifying, evaluating and prioritizing targets. Drilling is scheduled to commence initially at the Pine Bay deposit where there is potential to expand gold and copper mineralization.

Callinex Mines Inc. Auditor Raises 'Going Concern' Doubt

Callinex Mines Inc. filed its Annual on Jan 26, 2015 for the period ending Sep 30, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CNX:CN C$0.30 CAD +0.02

CNX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CNX.
View Industry Companies
 

Industry Analysis

CNX

Industry Average

Valuation CNX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.7x
Price/Cash Flow 2.1x
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CALLINEX MINES INC, please visit www.callinex.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.