Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) rose 9.5% during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 57,500 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 599,255 shares. The stock had previously closed at C$0.11.
Electrum Discovery Stock Performance
The company’s 50 day simple moving average is C$0.11 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73. The stock has a market cap of C$14.68 million, a PE ratio of -6.00 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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