Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) shot up 24.1% on Saturday . The stock traded as high as C$0.21 and last traded at C$0.18. Approximately 320,105 shares traded hands during mid-day trading, an increase of 179% from the average session volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Trading Up 24.1 %
The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79. The company has a market capitalization of C$23.60 million, a P/E ratio of -3.84 and a beta of 1.24. The company’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.12.
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.
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