Cantex Mine Development (CVE:CD) Stock Falls 8.6% – Time to Sell?

Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price dropped 8.6% on Wednesday. The stock traded as low as C$0.27 and last traded at C$0.27. 5,500 shares traded hands during trading, a decline of 94% from the average daily volume of 96,892 shares. The stock had previously closed at C$0.29.

Cantex Mine Development Price Performance

The stock has a 50-day moving average price of C$0.27 and a 200-day moving average price of C$0.27. The firm has a market capitalization of C$40.60 million, a PE ratio of -12.75 and a beta of 1.51.

About Cantex Mine Development

(Get Free Report)

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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.

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