Insider Selling: Cantex Mine Development Corp. (CVE:CD) Insider Sells C$184,800.00 in Stock

Cantex Mine Development Corp. (CVE:CD) insider Robert Douglas Cudney sold 120,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of C$1.54, for a total value of C$184,800.00. Following the completion of the sale, the insider now owns 3,489,900 shares of the company’s stock, valued at approximately C$5,374,446.

The company has a quick ratio of 18.64, a current ratio of 18.71 and a debt-to-equity ratio of 0.99. Cantex Mine Development Corp. has a 12-month low of C$0.46 and a 12-month high of C$6.99. The company has a fifty day moving average of C$0.95 and a 200 day moving average of C$0.79. The company has a market capitalization of $34.09 million and a P/E ratio of -4.14.

About Cantex Mine Development

Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, the Republic of Yemen, and the United States. The company explores for gold, nickel, copper, cobalt, platinum, palladium, and rhodium deposits. Its primary project is located in the northwestern part of the Republic of Yemen, where it owns exploration licenses covering an area of approximately 1,583 square kilometers.

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Insider Buying and Selling by Quarter for Cantex Mine Development (CVE:CD)

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