Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price shot up 61.9% during trading on Monday . The company traded as high as C$0.18 and last traded at C$0.17. 553,549 shares changed hands during trading, an increase of 465% from the average session volume of 97,891 shares. The stock had previously closed at C$0.11.
Cantex Mine Development Stock Up 61.9%
The company has a market cap of C$27.00 million, a P/E ratio of -8.50 and a beta of -1.04. The company’s 50-day moving average is C$0.17 and its two-hundred day moving average is C$0.17. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53.
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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