Shares of Electrum Discovery Corp (CVE:ELY – Get Free Report) fell 31.8% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.08. 2,526,401 shares were traded during mid-day trading, an increase of 510% from the average session volume of 414,386 shares. The stock had previously closed at C$0.11.
Electrum Discovery Trading Down 36.4 %
The firm’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.10. 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 company has a market cap of C$5.18 million and a PE ratio of -2.33.
Electrum Discovery Company Profile
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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