Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) were up 15.4% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 182,500 shares changed hands during mid-day trading, an increase of 164% from the average daily volume of 69,029 shares. The stock had previously closed at C$0.07.
Electrum Discovery Price Performance
The stock has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.31. The company has a debt-to-equity ratio of 0.21, a quick ratio of 21.82 and a current ratio of 0.09. The firm has a market capitalization of C$4.43 million and a P/E ratio of -1.63.
Electrum Discovery (CVE:ELY – Get Free Report) last issued its quarterly earnings data on Wednesday, May 29th. The company reported C($0.01) earnings per share for the quarter. Sell-side analysts predict that Electrum Discovery Corp will post -0.01 earnings per share for the current fiscal year.
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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