Electrum Discovery (CVE:ELY) Sets New 1-Year High – Here’s Why

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.16, with a volume of 264675 shares traded. The stock had previously closed at C$0.17.

Electrum Discovery Stock Down 5.9 %

The firm has a market capitalization of C$11.84 million and a price-to-earnings ratio of -5.33. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82. The business has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.08.

Electrum Discovery Company Profile

(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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