East Africa Metals Inc. (CVE:EAM – Get Free Report) traded up 4% during mid-day trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 500 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 88,016 shares. The stock had previously closed at C$0.13.
East Africa Metals Price Performance
The company has a market capitalization of C$28.01 million, a P/E ratio of -6.50 and a beta of 1.03. The company’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.20. The company has a quick ratio of 0.26, a current ratio of 0.82 and a debt-to-equity ratio of 4.03.
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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