Electrum Discovery (CVE:ELY) Stock Price Up 5% – What’s Next?

Shares of Electrum Discovery Corp (CVE:ELYGet Free Report) traded up 5% on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 5,000 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 112,089 shares. The stock had previously closed at C$0.10.

Electrum Discovery Stock Performance

The stock’s 50-day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The company has a market cap of C$7.77 million and a P/E ratio of -3.50.

Electrum Discovery (CVE:ELYGet Free Report) last released its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, research analysts expect that Electrum Discovery Corp will post -0.01 EPS for the current fiscal year.

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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