Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price rose 24.1% during trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.18. Approximately 320,105 shares traded hands during mid-day trading, an increase of 179% from the average daily volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Performance
The stock has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.12. The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The company has a market capitalization of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24.
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.
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