Cantex Mine Development Corp. (CVE:CD – Get Free Report) dropped 4.8% on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. Approximately 314,783 shares traded hands during trading, an increase of 150% from the average daily volume of 125,915 shares. The stock had previously closed at C$0.31.
Cantex Mine Development Trading Down 4.8%
The company has a market cap of C$81.55 million, a price-to-earnings ratio of -14.75 and a beta of 1.45. The company’s fifty day moving average price is C$0.29 and its two-hundred day moving average price is C$0.22. The company has a quick ratio of 2.53, a current ratio of 3.33 and a debt-to-equity ratio of 6.38.
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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.
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