Cantex Mine Development Corp. (CVE:CD – Get Free Report) rose 8.3% during trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 138,410 shares traded hands during mid-day trading, an increase of 23% from the average daily volume of 112,766 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Price Performance
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 stock’s 50 day moving average price is C$0.13 and its two-hundred day moving average price is C$0.12. The stock has a market cap of C$25.96 million, a price-to-earnings ratio of -4.22 and a beta of 1.24.
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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