Electrum Discovery Corp (CVE:ELY – Get Free Report)’s stock price dropped 15.4% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 171,500 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 245,825 shares. The stock had previously closed at C$0.07.
Electrum Discovery Stock Up 9.1%
The firm has a market capitalization of C$5.94 million, a price-to-earnings ratio of -2.00 and a beta of 0.13. The firm has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05.
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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