Electrum Discovery (CVE:ELY) Stock Price Up 11.1% – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report) shot up 11.1% during mid-day trading on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. 188,500 shares traded hands during mid-day trading, an increase of 68% from the average session volume of 112,317 shares. The stock had previously closed at C$0.14.

Electrum Discovery Stock Up 18.5 %

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 firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.08. The firm has a market capitalization of C$11.84 million and a price-to-earnings ratio of -5.33.

Electrum Discovery Company Profile

(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.

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