Cantex Mine Development Corp. (CVE:CD – Get Free Report) traded down 2.8% on Friday . The stock traded as low as C$0.18 and last traded at C$0.18. 49,500 shares changed hands during trading, a decline of 58% from the average session volume of 117,277 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Trading Down 2.8 %
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 stock has a market capitalization of C$22.95 million, a price-to-earnings ratio of -3.73 and a beta of 1.24. The business has a 50 day simple moving average of C$0.18 and a 200-day simple moving average of C$0.14.
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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