Cantex Mine Development Corp. (CVE:CD – Get Free Report) shot up 24.1% during mid-day trading on Saturday . The company traded as high as C$0.21 and last traded at C$0.18. 320,105 shares traded hands during mid-day trading, an increase of 179% from the average session volume of 114,811 shares. The stock had previously closed at C$0.15.
Cantex Mine Development Stock Up 24.1 %
The firm has a market capitalization of C$23.60 million, a price-to-earnings ratio of -3.84 and a beta of 1.24. The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30. The company’s 50 day moving average price is C$0.11 and its 200 day moving average price is C$0.12.
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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