Electrum Discovery (CVE:ELY) Shares Down 16.7% – Time to Sell?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price traded down 16.7% on Monday . The stock traded as low as C$0.09 and last traded at C$0.10. 1,505,002 shares were traded during trading, an increase of 55% from the average session volume of 969,725 shares. The stock had previously closed at C$0.12.

Electrum Discovery Stock Performance

The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. The firm has a market capitalization of C$12.24 million, a P/E ratio of -5.00 and a beta of 0.13. The business’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07.

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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