Electrum Discovery (CVE:ELY) Reaches New 12-Month High – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.16, with a volume of 264675 shares traded. The stock had previously closed at C$0.17.

Electrum Discovery Stock Performance

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’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.08. The stock has a market cap of C$11.84 million and a price-to-earnings ratio of -5.33.

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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