Electrum Discovery Corp (CVE:ELY – Get Free Report) dropped 13.3% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 283,000 shares traded hands during trading, an increase of 10% from the average daily volume of 257,836 shares. The stock had previously closed at C$0.08.
Electrum Discovery Price Performance
The stock has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.07. 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 firm has a market capitalization of C$6.43 million, a P/E ratio of -2.17 and a beta of 0.13.
About Electrum Discovery
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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