Cantex Mine Development (CVE:CD) Stock Price Down 4% – Should You Sell?

by · The Markets Daily

Cantex Mine Development Corp. (CVE:CD – Get Free Report)’s stock price traded down 4% during trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12. 159,850 shares changed hands during trading, an increase of 34% from the average session volume of 119,639 shares. The stock had previously closed at C$0.13.

Cantex Mine Development Stock Down 4.0 %

The firm has a market capitalization of C$15.26 million, a price-to-earnings ratio of -4.17 and a beta of 1.24. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.64 and a quick ratio of 2.53. The stock has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.14.

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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