Ralph Rushton Acquires 150,000 Shares of Electrum Discovery Corp (CVE:ELY) Stock

Electrum Discovery Corp (CVE:ELY) Director Ralph Rushton acquired 150,000 shares of the stock in a transaction on Tuesday, September 24th. The shares were acquired at an average price 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 acquired 150,000 shares of Electrum Discovery stock. The shares were acquired at an average price of C$0.07 per share, for a total transaction of C$9,750.00.

Electrum Discovery Stock Performance

ELY opened at C$0.08 on Thursday. 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 company’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. Electrum Discovery Corp has a 1-year low of C$0.05 and a 1-year high of C$0.12. The company has a market cap of C$4.75 million and a price-to-earnings ratio of -2.50.

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