Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price shot up 38.1% on Monday . The company traded as high as C$0.16 and last traded at C$0.15. 374,460 shares traded hands during trading, an increase of 286% from the average session volume of 97,098 shares. The stock had previously closed at C$0.11.
Cantex Mine Development Stock Up 61.9%
The company has a market capitalization of C$27.00 million, a PE ratio of -8.50 and a beta of -1.04. 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 firm has a 50 day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.17.
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.
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