Shares of Cantex Mine Development Corp. (CVE:CD – Get Free Report) rose 57.1% on Monday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 473,460 shares changed hands during mid-day trading, an increase of 386% from the average daily volume of 97,492 shares. The stock had previously closed at C$0.11.
Cantex Mine Development Stock Performance
The firm has a market cap of C$27.00 million, a PE ratio of -8.50 and a beta of -1.04. 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 50-day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.17.
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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