Electrum Discovery Corp (CVE:ELY – Get Free Report)’s share price rose 30% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 230,000 shares traded hands during trading, a decline of 35% from the average daily volume of 352,060 shares. The stock had previously closed at C$0.05.
Electrum Discovery Price Performance
The stock has a market cap of C$4.81 million and a PE ratio of -2.17. 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 company’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.09.
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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