Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares shot up 24.1% on Saturday . The company traded as high as C$0.21 and last traded at C$0.18. 320,105 shares changed hands during mid-day trading, an increase of 179% from the average session volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Up 24.1 %
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 firm has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.12. The firm has a market cap of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24.
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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