Electrum Discovery (CVE:ELY) Shares Down 13% – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report)’s share price traded down 13% during mid-day trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. 385,900 shares were traded during trading, an increase of 18% from the average session volume of 328,135 shares. The stock had previously closed at C$0.12.

Electrum Discovery Stock 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 stock has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.10. The company has a market capitalization of C$8.14 million and a P/E ratio of -3.67.

About Electrum Discovery

(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.

Further Reading

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