Electrum Discovery (CVE:ELY) Shares Up 20% – Here’s What Happened

by · The Cerbat Gem

Electrum Discovery Corp (CVE:ELY – Get Free Report) shares were up 20% during trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 274,105 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 378,811 shares. The stock had previously closed at C$0.05.

Electrum Discovery Stock Up 20.0%

The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.10. The firm has a market cap of C$4.44 million and a PE ratio of -2.00.

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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