Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) were up 14.4% on Friday . The company traded as high as C$0.26 and last traded at C$0.24. Approximately 381,024 shares changed hands during trading, an increase of 209% from the average daily volume of 123,395 shares. The stock had previously closed at C$0.21.
Cantex Mine Development Stock Down 6.2 %
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 stock has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.12. The firm has a market cap of C$25.57 million, a PE ratio of -4.16 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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