Electrum Discovery Corp (CVE:ELY – Get Free Report) was down 11.8% on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 49,000 shares changed hands during trading, a decline of 28% from the average daily volume of 68,380 shares. The stock had previously closed at C$0.09.
Electrum Discovery Stock Down 11.8 %
The company has a current ratio of 0.14, a quick ratio of 21.82 and a debt-to-equity ratio of 0.21. The stock’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.73. The company has a market cap of C$4.75 million and a P/E ratio of -1.88.
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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