Electrum Discovery Corp (CVE:ELY) Director Purchases C$11,250.00 in Stock

Electrum Discovery Corp (CVE:ELY) Director Ralph Rushton acquired 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$11,250.00.

Ralph Rushton also recently made the following trade(s):

• On Wednesday, September 18th, Ralph Rushton bought 150,000 shares of Electrum Discovery stock. The stock was purchased at an average cost of C$0.07 per share, with a total value of C$9,750.00.

Electrum Discovery Stock Performance

Shares of ELY opened at C$0.08 on Friday. The company has a market cap of C$5.06 million and a PE ratio of -2.67. The firm has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07. Electrum Discovery Corp has a one year low of C$0.05 and a one year high of C$0.12. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82.

Electrum Discovery (CVE:ELY) last released its quarterly earnings data on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities analysts forecast that Electrum Discovery Corp will post -0.01 earnings per share for the current 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.