Electrum Discovery (CVE:ELY) Stock Price Up 35.7% – What’s Next?

by · The Markets Daily

Electrum Discovery Corp (CVE:ELY – Get Free Report) shares traded up 35.7% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 1,308,723 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 759,989 shares. The stock had previously closed at C$0.07.

Electrum Discovery Trading Up 35.7%

The company has a market cap of C$11.62 million, a PE ratio of -4.75 and a beta of 0.13. The company has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73.

Electrum Discovery Company Profile

(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.

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