Electrum Discovery (CVE:ELY) Shares Up 16.7% – What’s Next?

Electrum Discovery Corp (CVE:ELYGet Free Report) shares traded up 16.7% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 186,505 shares were traded during mid-day trading, a decline of 23% from the average session volume of 241,663 shares. The stock had previously closed at C$0.06.

Electrum Discovery Stock Performance

The stock has a market cap of C$6.43 million, a P/E ratio of -2.17 and a beta of 0.13. The company’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05.

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.

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