Cantex Mine Development Corp. (CVE:CD – Get Free Report) dropped 1.8% on Thursday . The stock traded as low as C$0.25 and last traded at C$0.27. Approximately 73,093 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 116,425 shares. The stock had previously closed at C$0.28.
Cantex Mine Development Trading Down 1.8%
The firm has a market cap of C$74.64 million, a price-to-earnings ratio of -27.00 and a beta of 1.56. The company has a quick ratio of 2.53, a current ratio of 2.45 and a debt-to-equity ratio of 3.57. The business has a 50 day moving average price of C$0.21 and a 200-day moving average price of C$0.18.
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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.
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