Cantex Mine Development Corp. (CVE:CD – Get Free Report) dropped 4.3% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 348,600 shares changed hands during trading, an increase of 211% from the average daily volume of 111,981 shares. The stock had previously closed at C$0.12.
Cantex Mine Development Trading Down 4.3 %
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 firm has a market capitalization of C$13.98 million, a P/E ratio of -3.67 and a beta of 1.24. The business has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.12.
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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