Cantex Mine Development (TSXV:CD) - Stock Price, News & Analysis

CD Stock Overview

Cantex Mine Development Corp. engages in acquiring, exploring, and developing mineral properties in Canada, Yemen, and the United States.

About the company

CD fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings have grown 7.5% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$20M)

Shareholders have been diluted in the past year

Cantex Mine Development Corp. Competitors

Alaska Energy Metals

TSXV:AEMC

CA$14.7m

Foremost Lithium Resource & Technology

CNSX:FAT

CA$17.6m

Zeus North America Mining

CNSX:ZEUS

CA$19.2m

Northern Graphite

TSXV:NGC

CA$18.9m

Price History & Performance

Summary of all time highs, changes and price drops for Cantex Mine Development
Historical stock prices
Current Share Price	CA$0.19
52 Week High	CA$0.32
52 Week Low	CA$0.17
Beta	1.27
1 Month Change	2.70%
3 Month Change	-26.92%
1 Year Change	-20.83%
3 Year Change	-78.41%
5 Year Change	-94.29%
Change since IPO	-99.72%

Recent updates

Here's Why We're Watching Cantex Mine Development's (CVE:CD) Cash Burn Situation

Mar 17

Charles Fipke Is The Chairman of the Board of Cantex Mine Development Corp. (CVE:CD) And Just Spent CA$154k On Shares

Jul 20

Shareholder Returns

	CD	CA Metals and Mining	CA Market
7D	11.8%	-1.7%	1.2%
1Y	-20.8%	-6.2%	6.1%

Return vs Industry: CD underperformed the Canadian Metals and Mining industry which returned -3.9% over the past year.

Return vs Market: CD underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is CD's price volatile compared to industry and market?
CD volatility
CD Average Weekly Movement	10.1%
Metals and Mining Industry Average Movement	11.3%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: CD's share price has been volatile over the past 3 months.

Volatility Over Time: CD's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Chad Ulansky	www.cantex.ca

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. Fundamentals Summary

How do Cantex Mine Development's earnings and revenue compare to its market cap?
CD fundamental statistics
Market cap	CA$21.86m
Earnings (TTM)	-CA$3.29m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.6x

P/E Ratio

Is CD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CD income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$3.29m
Earnings	-CA$3.29m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.029
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did CD perform over the long term?

See historical performance and comparison

CD Stock Overview

Rewards

Risk Analysis

Cantex Mine Development Corp. Competitors

TSXV:AEMC

CA$14.7m

CNSX:FAT

CA$17.6m

CNSX:ZEUS

CA$19.2m

TSXV:NGC

CA$18.9m

Price History & Performance

Recent News & Updates

Cantex Mine Development Corp. Provides Update on its 100% Owned 14,077 Hectare North Rackla Claim Block in Yukon

Cantex Mine Development Corp. Confirms Elevated Germanium Results Along Entire Main Zone Strike Length on Its 100% Owned North Rackla Project, Yukon

Cantex Mine Development Corp. announced that it has received CAD 3.00019 million in funding

Cantex Mine Development Corp. announced that it has received CAD 3.00019 million in funding

New major risk - Negative shareholders equity

Cantex Mine Development Corp. announced that it expects to receive CAD 3 million in funding

Recent updates

Cantex Mine Development Corp. Provides Update on its 100% Owned 14,077 Hectare North Rackla Claim Block in Yukon

Cantex Mine Development Corp. Confirms Elevated Germanium Results Along Entire Main Zone Strike Length on Its 100% Owned North Rackla Project, Yukon

Cantex Mine Development Corp. announced that it has received CAD 3.00019 million in funding

Cantex Mine Development Corp. announced that it has received CAD 3.00019 million in funding

New major risk - Negative shareholders equity

Cantex Mine Development Corp. announced that it expects to receive CAD 3 million in funding

Cantex Mine Development Corp., Annual General Meeting, Feb 07, 2024

Cantex Mine Development Corp. announced that it has received CAD 3.823485 million in funding from Crescat Portfolio Management LLC

Cantex Mine Development Corp. Intersects an Outstanding 89.25 Metres of Mineralization at Its North Rackla Drill Project

Cantex Mine Development Corp. Intersects Strong Massive Sulphide in Its First Hole Drilled in 2023 At North Rackla Project, Yukon

Cantex Mine Development Corp. announced that it expects to receive CAD 5 million in funding from Crescat Portfolio Management LLC and others

New minor risk - Share price stability

Cantex Mine Development Corp. Receives Additional Elevated Germanium Results and Provides Recent Analyses of Drill Core, Rock and Soil-Talus Samples on Its 100% Owned North Rackla Project, Yukon

New minor risk - Share price stability

Chairman of the Board recently bought CA$81k worth of stock

Cantex Mine Development Corp. Provides Update on Main Zone at its 100% Owned 14,077 Hectare North Rackla Claim Block in Yukon

Cantex Intersects 23.5 Metres of 8.34% Lead-Zinc At the Main Zone Including 2.5 Metre Zones of Up to 24.72% Lead-Zinc and 85 G/T Silver on Its 100% Owned North Rackla Project, Yukon

Cantex Mine Development Corp., Annual General Meeting, Feb 13, 2023

Cantex Mine Development Corp. announced that it expects to receive CAD 1.6 million in funding

Less than half of directors are independent

Cantex Mine Development Corp. announced that it expects to receive CAD 1.6 million in funding

Cantex Mine Development Corp. Provides Update on Drilling of Main Zone at its 100% Owned 14,077 Hectare North Rackla Claim Block in Yukon

Cantex Mine Development Corp. Provides an Update on Drilling of the GZ Zone At Its 100% Owned 14,077 Hectare North Rackla Claim Block in the Yukon

Chairman of the Board recently bought CA$72k worth of stock

Cantex Mine Development Corp. Provides Update on Drilling of the Main Zone At Its 100% Owned 14,077 Hectare North Rackla Claim Block in the Yukon

Cantex Mine Development Corp. Provides Update on North Rackla Claim Block

Cantex Mine Development Corp. Provides an Update on Drilling of the Main Zone at its 100% Owned 14,077 Hectare North Rackla Claim Block in the Yukon

Cantex Intersects Massive Sulphides in Three Drill Holes in the Gz Zone on Its 100% Owned North Rackla Project, Yukon

Cantex Commences Drilling At North Rackla Project, Yukon

Less than half of directors are independent

Cantex Mine Development Corp. Releases an Update on the Work Program at North Rackla Project, Yukon

Cantex Mine Development Corp. announced that it has received CAD 5.360032 million in funding

Cantex Mine Development Corp. announced that it expects to receive CAD 5.360032 million in funding

Chairman of the Board recently bought CA$193k worth of stock

Cantex Mine Development Corp. Intersects 47.5% Zinc, 12.5% Lead and 336g/t Silver over 3.7m Within a 16.05m Intersection of 24% Lead-Zinc with 101g/t Silver at GZ Zone on Cantex's 100% Owned North Rackla Project, Yukon

Cantex Mine Development Corp. Elects Jason Granger as Director

Chairman of the Board recently bought CA$59k worth of stock

Chairman of the Board recently bought CA$68k worth of stock

Cantex Mine Development Corp. Extends Strike of Main High Grade Massive Sulphide Zone and Provides Drilling Update for G66 High Grade Copper Anomaly on the North Rackla Project, Yukon

Cantex Mine Development Corp. Commences Drilling of A High-Grade Copper Discovery on 100% Owned North Rackla Project, Yukon

Chairman of the Board recently bought CA$157k worth of stock

Cantex Mine Development Corp. Announces Six of Seven Holes Drilled in 2021 Have Intersected High Grade Lead-Zinc Massive Sulphides and Provides Update on Regional Targets at North Rackla Project, Yukon

Chairman of the Board recently bought CA$195k worth of stock

Cantex Mine Development Corp. Releases an Update on the Work Program at Its 100% Owned 14,077 Hectare North Rackla Claim Block in the Yukon

Cantex Commences Drilling at North Rackla Project, Yukon

Chairman of the Board recently bought CA$93k worth of stock

Cantex Mine Development Corp. Intersects Gold Accompanied by Arsenic, Antimony and Mercury in Initial Drilling on Bruner Property in Nevada

Here's Why We're Watching Cantex Mine Development's (CVE:CD) Cash Burn Situation

New 90-day high: CA$1.02

Cantex Intersects 8.95 Metres of Massive Sulphides Including 4.05 Metres of 39.39% Lead-Zinc and 130 G/T Silver At North Rackla, Yukon

New 90-day low: CA$0.81

Cantex Mine Development Corp., Annual General Meeting, Feb 26, 2021

Chairman of the Board recently bought CA$53k worth of stock

Cantex Mine Development Corp. Releases Update on the Work Program at its 14,077 Hectare North Rackla Claim Block Where Drill Results Continue to Define A Lead-Zinc-Silver Mineralized System with Broken Hill Type Affinities

Cantex Mine Development Corp. Commences Drilling Nevada Gold Properties

New 90-day low: CA$0.92

Cantex Mine Development Corp. Intersecting Massive Sulphide Mineralization at Both Main and GZ Zones at North Rackla

New 90-day low: CA$0.96

Chairman of the Board recently bought CA$122k worth of stock