Electrum Discovery Corp (CVE:ELY – Get Free Report) shares fell 15.4% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 171,500 shares changed hands during trading, a decline of 30% from the average session volume of 245,825 shares. The stock had previously closed at C$0.07.
Electrum Discovery Stock Performance
The stock’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. The stock has a market cap of C$5.94 million, a price-to-earnings ratio of -2.00 and a beta of 0.13.
About Electrum Discovery
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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