East Africa Metals Inc. (CVE:EAM – Get Free Report) shares rose 11.8% during trading on Friday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 106,000 shares changed hands during mid-day trading, an increase of 14% from the average daily volume of 92,657 shares. The stock had previously closed at C$0.17.
East Africa Metals Stock Performance
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 stock’s 50-day moving average is C$0.18 and its 200 day moving average is C$0.20. The firm has a market cap of C$40.93 million, a P/E ratio of -8.50 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.
See Also
- Five stocks we like better than East Africa Metals
- Airline Stocks – Top Airline Stocks to Buy Now
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- Where to Find Earnings Call Transcripts
- Top Nuclear Stocks Thriving on Soaring Energy Demand
Receive News & Ratings for East Africa Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for East Africa Metals and related companies with MarketBeat.com's FREE daily email newsletter.