Electrum Discovery (CVE:ELY) Trading 5% Higher – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report)’s share price rose 5% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 459,500 shares traded hands during mid-day trading, an increase of 297% from the average daily volume of 115,628 shares. The stock had previously closed at C$0.10.

Electrum Discovery Stock Up 5.0 %

The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73. The company’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.08. The stock has a market capitalization of C$7.77 million and a P/E ratio of -3.50.

Electrum Discovery Company Profile

(Get Free Report)

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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