Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) traded up 18.2% on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. 119,000 shares traded hands during trading, an increase of 71% from the average session volume of 69,554 shares. The stock had previously closed at C$0.06.
Electrum Discovery Stock Up 36.4 %
The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is 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 1.23. The firm has a market cap of C$4.75 million and a PE ratio of -1.50.
Electrum Discovery (CVE:ELY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 28th. The company reported C($0.01) EPS for the quarter. As a group, equities research analysts expect that Electrum Discovery Corp will post -0.01 EPS for the current fiscal year.
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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