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

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price traded up 61.9% on Monday . The company traded as high as C$0.18 and last traded at C$0.17. 553,549 shares were traded during mid-day 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 Trading Up 61.9%

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$27.00 million, a P/E ratio of -8.50 and a beta of -1.04. The business’s fifty day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.17.

Cantex Mine Development Company Profile

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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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