East Africa Metals Inc. (CVE:EAM – Get Free Report) shares traded down 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. 230,500 shares were traded during trading, an increase of 266% from the average session volume of 62,909 shares. The stock had previously closed at C$0.11.
East Africa Metals Stock Up 10.0 %
The firm has a market cap of C$23.70 million, a price-to-earnings ratio of -5.50 and a beta of 1.03. The business’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.17. The company has a debt-to-equity ratio of 4.03, a quick ratio of 0.26 and a current ratio of 0.82.
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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