East Africa Metals Inc. (CVE:EAM – Get Free Report)’s share price rose 4.2% on Monday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 93,500 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 70,112 shares. The stock had previously closed at C$0.12.
East Africa Metals Price Performance
The company has a debt-to-equity ratio of 2.03, a current ratio of 1.05 and a quick ratio of 0.26. The business’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.11. The stock has a market capitalization of C$27.35 million, a price-to-earnings ratio of -10.85 and a beta of 1.03.
About East Africa Metals
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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