Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares were down 40% during trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 803,125 shares were traded during mid-day trading, an increase of 738% from the average daily volume of 95,866 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Trading Down 40.0%
The company has a 50-day simple moving average of C$0.17 and a 200-day simple moving average of C$0.17. The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79. The stock has a market cap of C$16.68 million, a P/E ratio of -2.63 and a beta of -1.04.
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.
Further Reading
- Five stocks we like better than Cantex Mine Development
- What is Insider Trading? What You Can Learn from Insider Trading
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for Cantex Mine Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantex Mine Development and related companies with MarketBeat.com's FREE daily email newsletter.
