Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s share price shot up 17.2% during mid-day trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 160,605 shares traded hands during trading, an increase of 51% from the average session volume of 106,267 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Trading Up 24.1 %
The firm’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.12. The stock 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 quick ratio of 2.53 and a current ratio of 1.79.
Cantex Mine Development Company Profile
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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