East Africa Metals Inc. (CVE:EAM – Get Free Report)’s share price fell 14.3% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09. 230,500 shares were traded during mid-day trading, an increase of 266% from the average session volume of 62,909 shares. The stock had previously closed at C$0.11.
East Africa Metals Price Performance
The stock has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.17. The company has a debt-to-equity ratio of 4.03, a quick ratio of 0.26 and a current ratio of 0.82. The company has a market cap of C$19.39 million, a P/E ratio of -4.50 and a beta of 1.03.
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.
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