Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price rose 24.1% on Friday . The company traded as high as C$0.21 and last traded at C$0.18. Approximately 306,105 shares were traded during mid-day trading, an increase of 167% from the average daily volume of 114,432 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Up 24.1 %
The company has a market cap of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24. 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 business has a fifty day moving average of C$0.12 and a two-hundred day moving average of 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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