Electrum Discovery (CVE:ELY) Trading 22.7% Higher – What’s Next?

Electrum Discovery Corp (CVE:ELYGet Free Report) shot up 22.7% on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 401,100 shares changed hands during trading, an increase of 232% from the average session volume of 120,955 shares. The stock had previously closed at C$0.11.

Electrum Discovery Stock Performance

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 company has a market capitalization of C$9.99 million and a PE ratio of -4.50. The company has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.08.

About Electrum Discovery

(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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