Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price rose 61.9% on Monday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 553,549 shares traded hands during mid-day trading, an increase of 465% from the average daily volume of 97,891 shares. The stock had previously closed at C$0.11.
Cantex Mine Development Stock Performance
The stock has a fifty day moving average price of C$0.17 and a 200 day moving average price of C$0.17. 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 firm has a market cap of C$27.00 million, a price-to-earnings ratio of -8.50 and a beta of -1.04.
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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