Cantex Mine Development (CVE:CD) Trading 5.3% Higher

Cantex Mine Development Corp. (CVE:CDGet Rating) traded up 5.3% during mid-day trading on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. 2,000 shares traded hands during trading, a decline of 98% from the average session volume of 119,606 shares. The stock had previously closed at C$0.19.

Cantex Mine Development Price Performance

The company has a debt-to-equity ratio of 12.27, a current ratio of 0.59 and a quick ratio of 2.53. The firm’s 50 day moving average is C$0.24 and its 200 day moving average is C$0.23. The firm has a market cap of C$18.07 million, a P/E ratio of -2.00 and a beta of 0.06.

About Cantex Mine Development

(Get Rating)

Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. The company explores for gold, nickel, copper, lead, zinc, manganese, cobalt, platinum, palladium, and rhodium deposits. Its primary project located in the Yukon with 1,075 claim blocks covering approximately 21,500 hectares.

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