Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) were down 16.7% during trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.10. Approximately 1,505,002 shares were traded during trading, an increase of 47% from the average daily volume of 1,025,066 shares. The stock had previously closed at C$0.12.
Electrum Discovery Price Performance
The company’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The company has a market cap of C$12.24 million, a price-to-earnings ratio of -5.00 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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