Insider Selling: Cantex Mine Development Corp. (CVE:CD) Director Sells C$158,945.00 in Stock

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Cantex Mine Development Corp. (CVE:CD) Director Chad Stanley Ulansky sold 25,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$6.36, for a total value of C$158,945.00. Following the sale, the director now directly owns 18,836 shares in the company, valued at approximately C$119,755.52.

Chad Stanley Ulansky also recently made the following trade(s):

  • On Tuesday, August 6th, Chad Stanley Ulansky sold 25,000 shares of Cantex Mine Development stock. The stock was sold at an average price of C$6.11, for a total value of C$152,640.00.
  • On Friday, August 2nd, Chad Stanley Ulansky sold 34,100 shares of Cantex Mine Development stock. The stock was sold at an average price of C$5.66, for a total value of C$192,934.39.
  • On Wednesday, July 31st, Chad Stanley Ulansky sold 33,000 shares of Cantex Mine Development stock. The stock was sold at an average price of C$5.05, for a total value of C$166,544.40.

CVE:CD opened at C$6.25 on Friday. The company has a debt-to-equity ratio of 38.42, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market cap of $282.73 million and a PE ratio of -52.52. Cantex Mine Development Corp. has a 52-week low of C$0.18 and a 52-week high of C$6.60. The stock has a 50-day simple moving average of C$5.19 and a 200 day simple moving average of C$3.20.

About Cantex Mine Development

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.

Further Reading: Operating Income

Insider Buying and Selling by Quarter for Cantex Mine Development (CVE:CD)

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