Electrum Discovery (CVE:ELY) Stock Price Down 16.7% – Here’s What Happened

by · The Markets Daily

Electrum Discovery Corp (CVE:ELY – Get Free Report)’s stock price traded down 16.7% on Monday . The company traded as low as C$0.09 and last traded at C$0.10. 1,505,502 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 996,271 shares. The stock had previously closed at C$0.12.

Electrum Discovery Stock Performance

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 business’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.07. The company has a market capitalization of C$12.24 million, a PE ratio of -5.00 and a beta of 0.13.

About Electrum Discovery

(Get Free Report)

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.

Further Reading