Shares of East Africa Metals Inc. (CVE:EAM – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.09.
East Africa Metals Stock Down 5.9%
The stock has a market capitalization of C$21.52 million, a P/E ratio of -8.00 and a beta of 0.03. The business’s 50 day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.11.
East Africa Metals Company Profile
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. Its principal assets and interests include a 70% interest in the Harvest property, as well as 100% interest in the Adyabo project that comprises two exploration licenses covering 195 square kilometers situated in the Arabian Nubian Shield in northern Ethiopia; and an interest in the Handeni property comprising two mining licenses covering 9.9 square kilometers, and contiguous mineral tenures totaling approximately 83.5 square kilometers located in northeastern Tanzania.
Read More
- Five stocks we like better than East Africa Metals
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for East Africa Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East Africa Metals and related companies with MarketBeat.com's FREE daily email newsletter.
