Cantex Mine Development (CVE:CD) Trading 11.7% Higher – Still a Buy?

Cantex Mine Development Corp. (CVE:CDGet Free Report)’s share price traded up 11.7% during trading on Monday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 119,030 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 96,922 shares. The stock had previously closed at C$0.30.

Cantex Mine Development Stock Up 13.3%

The business has a 50 day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.27. The firm has a market cap of C$54.14 million, a PE ratio of -17.00 and a beta of 1.48.

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. Cantex Mine Development Corp. is headquartered in Kelowna, Canada.

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