Electrum Discovery (CVE:ELY) Trading Up 16.7% – Here’s Why

Shares of Electrum Discovery Corp (CVE:ELYGet Free Report) shot up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. 186,505 shares traded hands during trading, a decline of 23% from the average session volume of 241,663 shares. The stock had previously closed at C$0.06.

Electrum Discovery Stock Performance

The stock has a market cap of C$7.42 million, a PE ratio of -2.50 and a beta of 0.13. 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 stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of 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.

See Also

Receive News & Ratings for Electrum Discovery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrum Discovery and related companies with MarketBeat.com's FREE daily email newsletter.