Cantex Mine Development Corp. (CVE:CD – Get Free Report) shares rose 6.5% during mid-day trading on Wednesday. The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 7,000 shares changed hands during trading, a decline of 93% from the average session volume of 93,979 shares. The stock had previously closed at C$0.23.
Cantex Mine Development Trading Up 6.5%
The firm has a fifty day simple moving average of C$0.27 and a 200 day simple moving average of C$0.26. The stock has a market cap of C$39.01 million, a price-to-earnings ratio of -12.25 and a beta of 1.51.
About Cantex Mine Development
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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.
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