East Africa Metals Inc. (CVE:EAM – Get Free Report) was up 23.1% during mid-day trading on Tuesday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 71,276 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 87,736 shares. The stock had previously closed at C$0.20.
East Africa Metals Stock Performance
The firm’s fifty day simple moving average is C$0.24 and its 200 day simple moving average is C$0.18. The company has a market capitalization of C$44.17 million, a price-to-earnings ratio of -10.50 and a beta of 1.08. The company has a debt-to-equity ratio of 4.09, a current ratio of 0.74 and a quick ratio of 0.26.
About East Africa Metals
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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