Electrum Discovery (CVE:ELY) Stock Price Up 35.7% – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report) rose 35.7% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 1,308,723 shares traded hands during trading, an increase of 72% from the average daily volume of 759,989 shares. The stock had previously closed at C$0.07.

Electrum Discovery Stock Performance

The firm’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. The stock has a market capitalization of C$11.62 million, a PE ratio of -4.75 and a beta of 0.13.

About Electrum Discovery

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Electrum Discovery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrum Discovery and related companies with MarketBeat.com's FREE daily email newsletter.