Cantex Mine Development (CVE:CD) Shares Down 9.7% – Should You Sell?

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

Cantex Mine Development Price Performance

The company has a current ratio of 1.79, a quick ratio of 2.53 and a debt-to-equity ratio of 39.30. The firm has a market cap of C$19.67 million, a P/E ratio of -3.20 and a beta of 1.24. The company has a fifty day moving average price of C$0.13 and a two-hundred day moving average price of C$0.12.

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.

Further Reading

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