Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares fell 40% on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. 803,125 shares traded hands during trading, an increase of 738% from the average session volume of 95,866 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Stock Down 40.0%
The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The stock’s fifty day moving average price is C$0.17 and its 200-day moving average price is C$0.17. The company has a market capitalization of C$16.68 million, a price-to-earnings ratio of -2.63 and a beta of -1.04.
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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