Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) were up 24.1% during trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.18. Approximately 320,105 shares changed hands during mid-day 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 Trading Up 24.1 %
The firm’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.12. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The company has a market cap of C$23.60 million, a PE ratio of -3.84 and a beta of 1.24.
About Cantex Mine Development
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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