Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) rose 24.1% on Saturday . The stock traded as high as C$0.21 and last traded at C$0.18. Approximately 320,105 shares were traded during trading, an increase of 179% from the average daily volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Price Performance
The company’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.12. The firm has a market capitalization of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53.
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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