Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price dropped 6.5% during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 173,432 shares changed hands during trading, an increase of 55% from the average daily volume of 112,045 shares. The stock had previously closed at C$0.16.
Cantex Mine Development Price Performance
The company has a fifty day simple moving average of C$0.13 and a 200-day simple 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 firm has a market cap of C$19.67 million, a P/E ratio of -3.20 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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