Cantex Mine Development (CVE:CD) Stock Price Down 9.7% – Time to Sell?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s stock price was down 9.7% during trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 175,132 shares were traded during trading, an increase of 54% from the average daily volume of 113,601 shares. The stock had previously closed at C$0.16.

Cantex Mine Development Stock Down 9.7 %

The company’s 50-day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.12. The firm has a market cap of C$18.36 million, a PE ratio of -2.98 and a beta of 1.24. The company has a debt-to-equity ratio of 39.30, a quick ratio of 2.53 and a current ratio of 1.79.

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.

Recommended 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.