Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 58355 shares changing hands. The stock had previously closed at C$0.12.
Cantex Mine Development Trading Down 13.6 %
The stock has a market cap of C$12.08 million, a price-to-earnings ratio of -3.17 and a beta of 1.24. The company has a quick ratio of 2.53, a current ratio of 7.64 and a debt-to-equity ratio of 1.31. The firm’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.14.
About Cantex Mine Development
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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