Cantex Mine Development (CVE:CD) Trading Down 18.8% – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report) shares traded down 18.8% on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. 180,520 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 121,149 shares. The stock had previously closed at C$0.16.

Cantex Mine Development Price Performance

The company has a current ratio of 1.79, a quick ratio of 2.53 and a debt-to-equity ratio of 39.30. The company’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The company has a market cap of C$19.67 million, a P/E ratio of -3.20 and a beta of 1.24.

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.

Featured Stories

Receive News & Ratings for Cantex Mine Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantex Mine Development and related companies with MarketBeat.com's FREE daily email newsletter.