East Africa Metals Inc. (CVE:EAM – Get Free Report) shares fell 4.5% during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. 50,000 shares traded hands during trading, an increase of 3% from the average session volume of 48,602 shares. The stock had previously closed at C$0.11.
East Africa Metals Stock Down 4.5 %
The company’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.09. The stock has a market capitalization of C$21.50 million, a PE ratio of -10.50 and a beta of 0.84. The company has a current ratio of 0.78, a quick ratio of 0.26 and a debt-to-equity ratio of 3.97.
About East Africa Metals
East Africa Metals Inc, a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits.
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