Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price dropped 9.7% during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 175,132 shares traded hands during trading, an increase of 54% from the average daily volume of 113,601 shares. The stock had previously closed at C$0.16.
Cantex Mine Development Price Performance
The company has a market capitalization of C$19.67 million, a price-to-earnings ratio of -3.20 and a beta of 1.24. The company has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.12. The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79.
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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