Shares of Ely Gold Royalties Inc (CVE:ELY) reached a new 52-week high during trading on Friday . The stock traded as high as C$1.27 and last traded at C$1.24, with a volume of 881406 shares. The stock had previously closed at C$1.19.
The company has a market cap of $103.42 million and a price-to-earnings ratio of -79.38. The company’s 50 day moving average price is C$0.83 and its 200 day moving average price is C$0.62. The company has a debt-to-equity ratio of 12.08, a quick ratio of 2.94 and a current ratio of 2.99.
In related news, Director William Morris Sheriff sold 32,000 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of C$0.81, for a total value of C$25,920.00. Following the completion of the sale, the director now directly owns 258,000 shares in the company, valued at C$208,980.
About Ely Gold Royalties (CVE:ELY)
Ely Gold Royalties Inc, an exploration stage natural resource company, engages in the evaluation, acquisition, exploration, and development of natural resource projects in North America. It primarily explores for gold and precious metal deposits. Ely Gold Royalties Inc has a portfolio of 31 deeded royalties and 19 optioned properties.
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