Electrum Discovery (CVE:ELY) Reaches New 1-Year High – Here’s Why

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.14, with a volume of 156100 shares trading hands. The stock had previously closed at C$0.13.

Electrum Discovery Trading Up 7.4 %

The stock has a market capitalization of C$10.73 million and a PE ratio of -4.83. 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 firm has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.08.

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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