Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) dropped 11.8% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 49,000 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 68,380 shares. The stock had previously closed at C$0.09.
Electrum Discovery Price Performance
The company has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.74. The firm has a market capitalization of C$4.43 million and a P/E ratio of -2.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.14 and a quick ratio of 21.82.
Electrum Discovery Company Profile
Electrum Discovery Corp. operates as a mineral exploration and development company. It focuses on the Western Tethyan Belt with activities in the Republic of Serbia. The company's flagship project is the copper-gold Timok East Project. The company is based in Vancouver, Canada.
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