Electrum Discovery Corp (CVE:ELY – Get Free Report) dropped 10.7% during trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 517,500 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 342,841 shares. The stock had previously closed at C$0.14.
Electrum Discovery Price Performance
The stock’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.09. The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73. The stock has a market capitalization of C$9.25 million and a PE ratio of -4.17.
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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