East Africa Metals Inc. (CVE:EAM – Get Free Report) shares shot up 4% on Monday . The stock traded as high as C$0.13 and last traded at C$0.13. 500 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 88,016 shares. The stock had previously closed at C$0.13.
East Africa Metals Stock Performance
The company has a debt-to-equity ratio of 4.03, a current ratio of 0.82 and a quick ratio of 0.26. The firm’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.20. The firm has a market cap of C$28.01 million, a price-to-earnings ratio of -6.50 and a beta of 1.03.
East Africa Metals Company Profile
East Africa Metals Inc, a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits.
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