Electrum Discovery (CVE:ELY) Stock Price Down 15.4% – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report) shares fell 15.4% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 171,500 shares were traded during mid-day trading, a decline of 30% from the average session volume of 245,825 shares. The stock had previously closed at C$0.07.

Electrum Discovery Price Performance

The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. The business’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.07. The company has a market cap of C$5.44 million, a P/E ratio of -1.83 and a beta of 0.13.

About Electrum Discovery

(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.

Further Reading

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