East Africa Metals Inc. (CVE:EAM – Get Free Report)’s share price was up 4.5% during trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 1,500 shares traded hands during trading, a decline of 97% from the average daily volume of 55,230 shares. The stock had previously closed at C$0.11.
East Africa Metals Stock Performance
The business has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.15. The company has a market capitalization of C$25.16 million, a P/E ratio of -9.98 and a beta of 1.03. The company has a quick ratio of 0.26, a current ratio of 1.05 and a debt-to-equity ratio of 2.03.
About East Africa Metals
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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