Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price was down 12.5% during trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.21. 266,625 shares changed hands during mid-day trading, an increase of 129% from the average session volume of 116,457 shares. The stock had previously closed at C$0.24.
Cantex Mine Development Price Performance
The company has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.24. The stock has a market cap of C$58.05 million, a price-to-earnings ratio of -10.50 and a beta of 1.10. The company has a quick ratio of 2.53, a current ratio of 3.33 and a debt-to-equity ratio of 6.38.
Cantex Mine Development Company Profile
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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