Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) were up 21.4% on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 1,231,723 shares were traded during mid-day trading, an increase of 186% from the average daily volume of 430,489 shares. The stock had previously closed at C$0.07.
Electrum Discovery Price Performance
The company has a 50-day moving average of C$0.07 and a 200 day 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. The firm has a market cap of C$11.62 million, a P/E ratio of -4.75 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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