Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price was down 9.7% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 175,132 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 113,601 shares. The stock had previously closed at C$0.16.
Cantex Mine Development Trading Down 9.7 %
The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The firm has a market capitalization of C$18.36 million, a price-to-earnings ratio of -2.98 and a beta of 1.24. The business’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.12.
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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