Electrum Discovery (CVE:ELY) Hits New 1-Year High – Should You Buy?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.13, with a volume of 256870 shares changing hands. The stock had previously closed at C$0.12.

Electrum Discovery Stock Performance

The business has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.08. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82. The company has a market cap of C$15.29 million, a PE ratio of -6.25 and a beta of 0.13.

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.

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