Cantex Mine Development Corp. (CVE:CD – Get Free Report) shot up 17.2% on Friday . The company traded as high as C$0.17 and last traded at C$0.17. 160,605 shares traded hands during trading, an increase of 51% from the average session volume of 106,267 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Performance
The company has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.12. The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The stock has a market cap of C$23.60 million, a P/E 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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