Electrum Discovery (CVE:ELY) Trading Down 21.1% – Should You Sell?

Electrum Discovery Corp (CVE:ELYGet Free Report) traded down 21.1% on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.08. 704,463 shares were traded during trading, an increase of 5% from the average session volume of 672,146 shares. The stock had previously closed at C$0.10.

Electrum Discovery Stock Down 10.5%

The firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of 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 firm has a market cap of C$10.40 million, a PE ratio of -4.25 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.

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