Cantex Mine Development (CVE:CD) Reaches New 52-Week Low at $0.17

Cantex Mine Development Corp. (CVE:CDGet Rating)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.17 and last traded at C$0.16, with a volume of 51258 shares. The stock had previously closed at C$0.17.

Cantex Mine Development Trading Up 3.0 %

The business has a 50 day simple moving average of C$0.19 and a 200-day simple moving average of C$0.27. The stock has a market capitalization of C$14.73 million and a price-to-earnings ratio of -1.57. The company has a debt-to-equity ratio of 12.27, a current ratio of 2.62 and a quick ratio of 2.53.

Cantex Mine Development Company Profile

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Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. The company explores for gold, nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium, and rhodium deposits. Its primary project located in the Yukon with 1,075 claim blocks covering approximately 21,500 hectares.

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