Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) were up 17.2% during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 160,605 shares changed hands during trading, an increase of 51% from the average daily volume of 106,267 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Performance
The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79. The firm’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.12. The firm has a market capitalization of C$23.60 million, a PE ratio of -3.84 and a beta of 1.24.
Cantex Mine Development Company Profile
Cantex Mine Development Corp. engages in acquiring, exploring, and developing mineral properties in Canada, Yemen, and the United States. The company explores gold, nickel, copper, lead, zinc, silver, manganese, cobalt, platinum, palladium, and rhodium deposits. Its primary project is the Yukon Metals Project with 1,075 claim blocks covering approximately 21,500 hectares.
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