Cantex Mine Development (CVE:CD) Reaches New 1-Year Low – What’s Next?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 58355 shares changing hands. The stock had previously closed at C$0.12.

Cantex Mine Development Stock Performance

The stock has a market cap of C$14.62 million, a P/E ratio of -3.83 and a beta of 1.24. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.53 and a current ratio of 7.64. The business’s 50-day moving average price is C$0.13 and its 200-day moving average price is 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.

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.