Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price rose 24.1% during mid-day trading on Friday . 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 daily volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Price Performance
The company has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.12. The firm has a market capitalization of C$23.60 million, a P/E ratio of -3.84 and a beta of 1.24. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53.
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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