Cantex Mine Development (CVE:CD) Shares Down 18.8% – Time to Sell?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s stock price was down 18.8% during trading on Monday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 180,520 shares were traded during mid-day trading, an increase of 49% from the average daily volume of 121,149 shares. The stock had previously closed at C$0.16.

Cantex Mine Development Stock Performance

The company has a debt-to-equity ratio of 39.30, a current ratio of 1.79 and a quick ratio of 2.53. The company has a market cap of C$17.70 million, a PE ratio of -2.88 and a beta of 1.24. The business has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of 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.

Further Reading

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