Cantex Mine Development (CVE:CD) Trading 14.4% Higher – Time to Buy?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price traded up 14.4% during trading on Friday . The company traded as high as C$0.26 and last traded at C$0.24. 381,024 shares traded hands during trading, an increase of 209% from the average session volume of 123,395 shares. The stock had previously closed at C$0.21.

Cantex Mine Development Stock Down 1.4 %

The firm has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.12. The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The company has a market capitalization of C$26.88 million, a P/E ratio of -4.37 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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