Electrum Discovery Corp (CVE:ELY) Director Ralph Rushton Buys 150,000 Shares

Electrum Discovery Corp (CVE:ELY) Director Ralph Rushton purchased 150,000 shares of Electrum Discovery stock in a transaction dated Tuesday, September 24th. The shares were purchased at an average price of C$0.08 per share, with a total value of C$11,250.00.

Ralph Rushton also recently made the following trade(s):

• On Wednesday, September 18th, Ralph Rushton purchased 150,000 shares of Electrum Discovery stock. The shares were purchased at an average price of C$0.07 per share, with a total value of C$9,750.00.

Electrum Discovery Stock Performance

Shares of ELY remained flat at C$0.08 during mid-day trading on Tuesday. 264,000 shares of the stock were exchanged, compared to its average volume of 75,279. The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The firm has a market cap of C$4.75 million and a P/E ratio of -2.50. The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. Electrum Discovery Corp has a 12-month low of C$0.05 and a 12-month high of C$0.12.

Electrum Discovery (CVE:ELY) last announced its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, sell-side analysts anticipate that Electrum Discovery Corp will post -0.01 EPS for the current year.

About Electrum Discovery

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.