Cantex Mine Development (CVE:CD) Trading 42.9% Higher – Should You Buy?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price rose 42.9% during trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.15. Approximately 270,260 shares traded hands during mid-day trading, an increase of 180% from the average daily volume of 96,495 shares. The stock had previously closed at C$0.11.

Cantex Mine Development Trading Up 38.1%

The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The firm has a fifty day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.17. The firm has a market capitalization of C$23.03 million, a P/E ratio of -7.25 and a beta of -1.04.

Cantex Mine Development Company Profile

(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.

Featured Articles

Receive News & Ratings for Cantex Mine Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantex Mine Development and related companies with MarketBeat.com's FREE daily email newsletter.