Cantex Mine Development (CVE:CD) Stock Price Down 1.8% – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price was down 1.8% on Thursday . The stock traded as low as C$0.25 and last traded at C$0.27. 73,093 shares were traded during trading, a decline of 37% from the average daily volume of 116,425 shares. The stock had previously closed at C$0.28.

Cantex Mine Development Stock Performance

The firm has a market cap of C$74.64 million, a price-to-earnings ratio of -27.00 and a beta of 1.56. The company has a quick ratio of 2.53, a current ratio of 2.45 and a debt-to-equity ratio of 3.57. The company has a 50 day moving average of C$0.21 and a 200 day moving average of C$0.18.

About Cantex Mine Development

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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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.

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