Electrum Discovery Corp (CVE:ELY – Get Free Report)’s stock price fell 31.8% on Wednesday . The company traded as low as C$0.07 and last traded at C$0.08. 2,324,401 shares changed hands during mid-day trading, an increase of 471% from the average session volume of 407,283 shares. The stock had previously closed at C$0.11.
Electrum Discovery Stock Down 27.3 %
The firm has a market capitalization of C$5.92 million and a P/E ratio of -2.67. 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 business’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.10.
About Electrum Discovery
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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