East Africa Metals Inc. (CVE:EAM – Get Free Report)’s share price rose 15.8% on Monday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 23,325 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 53,372 shares. The stock had previously closed at C$0.10.
East Africa Metals Price Performance
The firm has a market capitalization of C$22.53 million, a PE ratio of -11.00 and a beta of 0.81. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.26 and a current ratio of 0.78. The business’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.09.
About East Africa Metals
East Africa Metals Inc, a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits.
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