East Africa Metals (CVE:EAM) Stock Price Down 4.5% – Time to Sell?

East Africa Metals Inc. (CVE:EAMGet Free Report)’s share price traded down 4.5% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 6,550 shares traded hands during trading, a decline of 92% from the average session volume of 82,969 shares. The stock had previously closed at C$0.11.

East Africa Metals Price Performance

The stock has a market cap of C$25.16 million, a P/E ratio of -9.98 and a beta of 1.03. The business has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.13. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.26 and a current ratio of 1.05.

About East Africa Metals

(Get Free Report)

East Africa Metals Inc, a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits.

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