Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price rose 8.2% during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 250,800 shares traded hands during mid-day trading, an increase of 114% from the average daily volume of 117,198 shares. The stock had previously closed at C$0.21.
Cantex Mine Development Price Performance
The company has a market capitalization of C$25.57 million, a price-to-earnings ratio of -4.16 and a beta of 1.24. The company has a current ratio of 1.79, a quick ratio of 2.53 and a debt-to-equity ratio of 39.30. The company’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12.
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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