Cantex Mine Development (CVE:CD) Shares Down 5.6%

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s stock price traded down 5.6% during trading on Tuesday . The stock traded as low as C$0.17 and last traded at C$0.17. 288,034 shares changed hands during mid-day trading, an increase of 236% from the average session volume of 85,604 shares. The stock had previously closed at C$0.18.

Cantex Mine Development Stock Performance

The firm has a fifty day simple moving average of C$0.22 and a 200-day simple moving average of C$0.24. The company has a market cap of C$20.71 million, a PE ratio of -3.00 and a beta of 1.38. The company has a quick ratio of 2.53, a current ratio of 9.23 and a debt-to-equity ratio of 1.10.

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.

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