Electrum Discovery (CVE:ELY) Stock Price Up 21.4% – Here’s Why

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price traded up 21.4% during mid-day trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. 831,723 shares were traded during mid-day trading, an increase of 168% from the average session volume of 310,238 shares. The stock had previously closed at C$0.07.

Electrum Discovery Trading Up 35.7%

The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The company’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07. The stock has a market capitalization of C$11.62 million, a price-to-earnings ratio of -4.75 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.

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