Electrum Discovery Corp (CVE:ELY – Get Free Report) shares shot up 11.1% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. 188,500 shares traded hands during trading, an increase of 68% from the average session volume of 112,317 shares. The stock had previously closed at C$0.14.
Electrum Discovery Price Performance
The company has a debt-to-equity ratio of 9.05, a quick ratio of 21.82 and a current ratio of 1.73. The company has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.08. The stock has a market capitalization of C$10.73 million and a price-to-earnings ratio of -4.83.
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.
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