Cantex Mine Development (CVE:CD) Trading 24.1% Higher – Here’s Why

Cantex Mine Development Corp. (CVE:CDGet Free Report) shares traded up 24.1% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.18. 318,605 shares traded hands during trading, an increase of 178% from the average session volume of 114,770 shares. The stock had previously closed at C$0.15.

Cantex Mine Development Trading Up 24.1 %

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 company has a fifty day simple moving average of C$0.12 and a 200-day simple moving average of C$0.12. The company has a market capitalization of C$23.60 million, a PE ratio of -3.84 and a beta of 1.24.

Cantex Mine Development Company Profile

(Get Free Report)

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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