Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares shot up 17.2% during trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 160,605 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 106,267 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Up 24.1 %
The firm has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12. The firm has a market cap of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24. The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79.
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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