East Africa Metals Inc. (CVE:EAM – Get Free Report) shares fell 13.8% during mid-day trading on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. 168,500 shares were traded during mid-day trading, an increase of 83% from the average session volume of 92,296 shares. The stock had previously closed at C$0.15.
East Africa Metals Price Performance
The company has a quick ratio of 0.26, a current ratio of 0.82 and a debt-to-equity ratio of 4.03. The business has a fifty day moving average of C$0.21 and a 200 day moving average of C$0.19. The firm has a market cap of C$28.01 million, a P/E ratio of -6.25 and a beta of 1.03.
East Africa Metals Company Profile
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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