Cantex Mine Development (CVE:CD) Shares Down 8.6% – Time to Sell?

Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares were down 8.6% during mid-day trading on Wednesday. The company traded as low as C$0.27 and last traded at C$0.27. 5,500 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 96,892 shares. The stock had previously closed at C$0.29.

Cantex Mine Development Trading Down 8.6%

The firm has a fifty day moving average price of C$0.27 and a 200 day moving average price of C$0.27. The firm has a market cap of C$42.20 million, a PE ratio of -13.25 and a beta of 1.51.

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

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