Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) dropped 9.7% during trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 175,132 shares traded hands during 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 stock’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.12. The company has a current ratio of 1.79, a quick ratio of 2.53 and a debt-to-equity ratio of 39.30. The stock has a market capitalization of C$18.36 million, a P/E ratio of -2.98 and a beta of 1.24.
Cantex Mine Development Company Profile
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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