Electrum Discovery (CVE:ELY) Shares Down 15.4% – Should You Sell?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price traded down 15.4% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 171,500 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 245,825 shares. The stock had previously closed at C$0.07.

Electrum Discovery Trading Up 9.1%

The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a quick ratio of 21.82, a current ratio of 1.73 and a debt-to-equity ratio of 9.05. The company has a market capitalization of C$5.94 million, a price-to-earnings ratio of -2.00 and a beta of 0.13.

Electrum Discovery Company Profile

(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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