Cantex Mine Development Corp. (CVE:CD – Get Free Report) rose 61.9% during mid-day trading on Monday . The company traded as high as C$0.18 and last traded at C$0.17. Approximately 553,549 shares traded hands during trading, an increase of 466% from the average daily volume of 97,880 shares. The stock had previously closed at C$0.11.
Cantex Mine Development Price Performance
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 stock has a market capitalization of C$25.41 million, a price-to-earnings ratio of -8.00 and a beta of -1.04. The business’s fifty day moving average price is C$0.17 and its 200-day moving average price is 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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