Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price traded down 40% during mid-day trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. 803,125 shares were traded during mid-day trading, an increase of 738% from the average session volume of 95,866 shares. The stock had previously closed at C$0.18.
Cantex Mine Development Price Performance
The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The company has a market capitalization of C$16.68 million, a PE ratio of -2.63 and a beta of -1.04. The firm’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.17.
About Cantex Mine Development
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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