Cantex Mine Development (CVE:CD) Trading Down 4.3% – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report) dropped 4.3% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 348,600 shares were traded during trading, an increase of 211% from the average daily volume of 111,981 shares. The stock had previously closed at C$0.12.

Cantex Mine Development Price Performance

The company has a market cap of C$13.98 million, a PE ratio of -3.67 and a beta of 1.24. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.64 and a quick ratio of 2.53. The stock’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.12.

Cantex Mine Development Company Profile

(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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