Electrum Discovery (CVE:ELY) Shares Up 5% – Here’s Why

Electrum Discovery Corp (CVE:ELYGet Free Report)’s share price traded up 5% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. 459,500 shares were traded during trading, an increase of 297% from the average session volume of 115,628 shares. The stock had previously closed at C$0.10.

Electrum Discovery Price Performance

The firm has a market cap of C$7.77 million and a PE ratio of -3.50. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82. The business’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.08.

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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