Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price dropped 40% during trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 803,125 shares were traded during mid-day trading, an increase of 738% from the average daily volume of 95,866 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Stock Down 40.0%
The stock has a market capitalization of C$16.68 million, a price-to-earnings ratio of -2.63 and a beta of -1.04. The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The stock has a 50 day moving average price of C$0.17 and a 200 day moving average price of C$0.17.
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.
Read More
- Five stocks we like better than Cantex Mine Development
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- Pros And Cons Of Monthly Dividend Stocks
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- What is Put Option Volume?
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for Cantex Mine Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantex Mine Development and related companies with MarketBeat.com's FREE daily email newsletter.
