Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) rose 20% on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 274,164 shares changed hands during trading, a decline of 28% from the average daily volume of 378,922 shares. The stock had previously closed at C$0.05.
Electrum Discovery Trading Up 20.0%
The company’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.10. The stock has a market capitalization of C$4.44 million and a price-to-earnings ratio of -2.00. The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05.
Electrum Discovery Company Profile
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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