Electrum Discovery (CVE:ELY) Shares Up 15.4%

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price shot up 15.4% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 182,500 shares were traded during trading, an increase of 164% from the average session volume of 69,029 shares. The stock had previously closed at C$0.07.

Electrum Discovery Stock Performance

The stock has a market cap of C$4.43 million and a price-to-earnings ratio of -1.75. The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.31. The company has a current ratio of 0.09, a quick ratio of 21.82 and a debt-to-equity ratio of 0.21.

Electrum Discovery (CVE:ELYGet Free Report) last posted its quarterly earnings results on Wednesday, May 29th. The company reported C($0.01) EPS for the quarter. Analysts anticipate that Electrum Discovery Corp will post -0.01 earnings per share for the current fiscal year.

Electrum Discovery Company Profile

(Get Free Report)

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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