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Cantex Mine Development ( (TSE:CD) ) has shared an update.
Cantex Mine Development Corp. announced significant germanium results from its 2024 drilling program at the North Rackla project in Yukon. The discovery is timely given China’s ban on germanium exports to the US, highlighting Cantex’s potential to become a crucial western source of this critical metal, essential for technology and military applications.
More about Cantex Mine Development
Cantex Mine Development Corp. operates within the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in the extraction of germanium, silver, lead, and zinc, with a notable market focus on alternative sources for critical metals.
YTD Price Performance: 5.00%
Average Trading Volume: 96,391
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.11M
For detailed information about CD stock, go to TipRanks’ Stock Analysis page.