Cantex Mine Development (CVE:CD) Shares Down 3.1%

Cantex Mine Development Corp. (CVE:CD – Get Rating)’s share price fell 3.1% during mid-day trading on Thursday . The company traded as low as C$0.31 and last traded at C$0.31. 101,500 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 172,262 shares. The stock had previously closed at C$0.32.

Cantex Mine Development Stock Down 6.5 %

The business’s 50 day moving average price is C$0.24 and its 200-day moving average price is C$0.24. The firm has a market capitalization of C$25.13 million, a PE ratio of -2.64 and a beta of 0.05. The company has a debt-to-equity ratio of 12.27, a quick ratio of 2.53 and a current ratio of 0.46.

Cantex Mine Development Company Profile

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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.