Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price rose 8.3% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 138,410 shares traded hands during trading, an increase of 23% from the average daily volume of 112,766 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Stock Performance
The firm has a market cap of C$25.57 million, a price-to-earnings ratio of -4.16 and a beta of 1.24. The stock has a 50-day moving average of C$0.14 and a 200-day moving average 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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