Electrum Discovery (CVE:ELY) Sets New 52-Week High – Here’s What Happened

Shares of Electrum Discovery Corp (CVE:ELYGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.11, with a volume of 78500 shares trading hands. The stock had previously closed at C$0.12.

Electrum Discovery Price Performance

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 company has a market capitalization of C$8.51 million and a P/E ratio of -3.83. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.07.

Electrum Discovery (CVE:ELYGet Free Report) last posted its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. Analysts predict that Electrum Discovery Corp will post -0.01 EPS for the current fiscal year.

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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