Cantex Mine Development (CVE:CD) Trading Down 11.5% – Here’s What Happened

Cantex Mine Development Corp. (CVE:CDGet Free Report) was down 11.5% during trading on Wednesday . The company traded as low as C$0.27 and last traded at C$0.27. 112,144 shares were traded during trading, an increase of 13% from the average session volume of 98,968 shares. The stock had previously closed at C$0.30.

Cantex Mine Development Stock Down 11.5%

The company has a 50-day moving average price of C$0.26 and a 200-day moving average price of C$0.27. The firm has a market capitalization of C$42.99 million, a price-to-earnings ratio of -13.50 and a beta of 1.48.

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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