Electrum Discovery Corp (CVE:ELY – Get Free Report) was down 9.1% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 338,000 shares changed hands during trading, an increase of 268% from the average daily volume of 91,933 shares. The stock had previously closed at C$0.11.
Electrum Discovery Trading Down 5.0 %
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 business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. The firm has a market capitalization of C$7.03 million and a price-to-earnings ratio of -3.17.
Electrum Discovery (CVE:ELY – Get Free Report) last posted its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities analysts forecast that Electrum Discovery Corp will post -0.01 earnings per share for the current year.
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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