Electrum Discovery Corp (CVE:ELY – Get Free Report) shares shot up 18.5% on Friday . The stock traded as high as C$0.17 and last traded at C$0.16. 421,500 shares traded hands during trading, an increase of 39% from the average session volume of 303,317 shares. The stock had previously closed at C$0.14.
Electrum Discovery Stock Performance
The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82. The firm has a market capitalization of C$11.10 million and a PE ratio of -5.00. The firm has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.08.
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.
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