Electrum Discovery (CVE:ELY) Stock Price Down 21.1% – Time to Sell?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price fell 21.1% during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.08. 704,463 shares were traded during mid-day trading, an increase of 5% from the average session volume of 672,146 shares. The stock had previously closed at C$0.10.

Electrum Discovery Price Performance

The firm has a market capitalization of C$11.62 million, a PE ratio of -4.75 and a beta of 0.13. The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73. The stock has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.07.

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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