Cantex Mine Development (CVE:CD) Hits New 1-Year Low – Should You Sell?

Cantex Mine Development Corp. (CVE:CDGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 3800 shares. The stock had previously closed at C$0.10.

Cantex Mine Development Price Performance

The business has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.13. The company has a current ratio of 7.64, a quick ratio of 2.53 and a debt-to-equity ratio of 1.31. The company has a market cap of C$11.44 million, a price-to-earnings ratio of -3.00 and a beta of 1.24.

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.

Featured Stories

Receive News & Ratings for Cantex Mine Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantex Mine Development and related companies with MarketBeat.com's FREE daily email newsletter.