Cantex Mine Development (CVE:CD) Trading 61.9% Higher – Here’s What Happened

Cantex Mine Development Corp. (CVE:CDGet Free Report) was up 61.9% during mid-day trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 553,549 shares changed hands during trading, an increase of 465% from the average daily volume of 97,891 shares. The stock had previously closed at C$0.11.

Cantex Mine Development Price Performance

The company has a market capitalization of C$27.00 million, a P/E ratio of -8.50 and a beta of -1.04. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The firm’s 50-day moving average is C$0.17 and its 200-day moving average is C$0.17.

About Cantex Mine Development

(Get Free Report)

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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