Ely Gold Royalties (CVE:ELY) Stock Price Down 8.9%

Shares of Ely Gold Royalties Inc (CVE:ELY) traded down 8.9% during mid-day trading on Monday . The company traded as low as C$0.41 and last traded at C$0.41, 343,559 shares were traded during mid-day trading. An increase of 20% from the average session volume of 286,392 shares. The stock had previously closed at C$0.45.

The company’s 50 day moving average price is C$0.41 and its two-hundred day moving average price is C$0.35. The stock has a market cap of $43.59 million and a P/E ratio of -22.89. The company has a current ratio of 7.72, a quick ratio of 7.45 and a debt-to-equity ratio of 1.14.

Ely Gold Royalties Company Profile (CVE:ELY)

Ely Gold Royalties Inc, an exploration stage natural resource company, engages in the evaluation, acquisition, exploration, and development of natural resource projects in North America. It primarily explores for gold and precious metal deposits. Ely Gold Royalties Inc has a portfolio of 31 deeded royalties and 19 optioned properties.

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