Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares shot up 24.1% during mid-day trading on Friday . The company traded as high as C$0.21 and last traded at C$0.18. 318,605 shares traded hands during mid-day trading, an increase of 178% from the average session volume of 114,770 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Trading Up 24.1 %
The business has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.12. 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 company has a market capitalization 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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