Electrum Discovery (CVE:ELY) Hits New 1-Year High – What’s Next?

Electrum Discovery Corp (CVE:ELYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.16, with a volume of 264675 shares changing hands. The stock had previously closed at C$0.17.

Electrum Discovery Stock Performance

The firm’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.09. The company has a market capitalization of C$11.84 million and a PE ratio of -5.33. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82.

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.

Further Reading

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