Cantex Mine Development (CVE:CD) Sets New 52-Week Low at $0.17

Cantex Mine Development Corp. (CVE:CDGet Rating) hit a new 52-week low on Friday . The company traded as low as C$0.17 and last traded at C$0.16, with a volume of 51258 shares. The stock had previously closed at C$0.17.

Cantex Mine Development Trading Up 3.0 %

The company has a debt-to-equity ratio of 12.27, a current ratio of 2.62 and a quick ratio of 2.53. The firm’s fifty day moving average is C$0.19 and its 200-day moving average is C$0.27. The firm has a market cap of C$14.73 million and a price-to-earnings ratio of -1.57.

About Cantex Mine Development

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Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. The company explores for gold, nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium, and rhodium deposits. Its primary project located in the Yukon with 1,075 claim blocks covering approximately 21,500 hectares.

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