Cantex Mine Development Corp. (CVE:CD) shares hit a new 52-week high during trading on Friday . The stock traded as high as C$3.30 and last traded at C$3.20, with a volume of 144750 shares traded. The stock had previously closed at C$2.97.
The stock has a market cap of $136.25 million and a price-to-earnings ratio of -33.96.
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About Cantex Mine Development (CVE:CD)
Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, the Republic of Yemen, and the United States. The company explores for gold, nickel, copper, cobalt, platinum, palladium, and rhodium deposits. Its primary project is located in the northwestern part of the Republic of Yemen, where it owns exploration licenses covering an area of approximately 1,583 square kilometers.
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