Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) rose 5% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 138,500 shares changed hands during trading, an increase of 20% from the average daily volume of 115,023 shares. The stock had previously closed at C$0.10.
Cantex Mine Development Stock Performance
The company’s fifty day moving average is C$0.11 and its 200 day moving average is C$0.12. The company has a current ratio of 7.64, a quick ratio of 2.53 and a debt-to-equity ratio of 1.31. The company has a market capitalization of C$13.35 million, a P/E ratio of -3.50 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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