East Africa Metals (CVE:EAM) Stock Price Up 4% – What’s Next?

East Africa Metals Inc. (CVE:EAMGet Free Report)’s share price traded up 4% during mid-day trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 500 shares were traded during mid-day trading, a decline of 99% from the average session volume of 88,016 shares. The stock had previously closed at C$0.13.

East Africa Metals Stock Up 4.0 %

The firm has a market cap of C$28.01 million, a P/E ratio of -6.50 and a beta of 1.03. The firm’s 50-day moving average price is C$0.15 and its 200 day moving average price is C$0.20. The company has a debt-to-equity ratio of 4.03, a current ratio of 0.82 and a quick ratio of 0.26.

About East Africa Metals

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East Africa Metals Inc, a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits.

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