Electrum Discovery (CVE:ELY) Trading 18.2% Higher – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price was up 18.2% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 232,000 shares changed hands during trading, an increase of 94% from the average daily volume of 119,292 shares. The stock had previously closed at C$0.11.

Electrum Discovery Trading Up 22.7 %

The stock has a market cap of C$9.99 million and a P/E ratio of -4.50. 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 firm’s fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$0.08.

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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