Cantex Mine Development (CVE:CD) Trading 5.6% Higher – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price traded up 5.6% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 38,000 shares traded hands during trading, a decline of 66% from the average session volume of 113,150 shares. The stock had previously closed at C$0.09.

Cantex Mine Development Stock Down 4.8 %

The business has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.13. The stock has a market capitalization of C$12.71 million, a P/E ratio of -3.33 and a beta of 1.24. The company has a current ratio of 7.64, a quick ratio of 2.53 and a debt-to-equity ratio of 1.31.

About Cantex Mine Development

(Get Free Report)

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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