Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) traded up 5.8% on Friday . The company traded as high as C$0.28 and last traded at C$0.28. 6,500 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 119,560 shares. The stock had previously closed at C$0.26.
Cantex Mine Development Price Performance
The stock has a 50 day moving average of C$0.29 and a two-hundred day moving average of C$0.23. The company has a debt-to-equity ratio of 6.38, a quick ratio of 2.53 and a current ratio of 3.33. The firm has a market capitalization of C$76.02 million, a P/E ratio of -13.75 and a beta of 1.10.
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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.
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