Cantex Mine Development (CVE:CD) Trading Up 24.1% – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s stock price rose 24.1% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.18. Approximately 320,105 shares traded hands during mid-day trading, an increase of 179% from the average daily volume of 114,811 shares. The stock had previously closed at C$0.15.

Cantex Mine Development Stock Up 24.1 %

The stock has a market cap of C$23.60 million, a PE ratio of -3.84 and a beta of 1.24. The firm has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.12. The company has a quick ratio of 2.53, a current ratio of 1.79 and a debt-to-equity ratio of 39.30.

About Cantex Mine Development

(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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