Electrum Discovery (CVE:ELY) Hits New 1-Year High – Here’s What Happened

Electrum Discovery Corp (CVE:ELYGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12, with a volume of 5925 shares traded. The stock had previously closed at C$0.10.

Electrum Discovery Price Performance

The business’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.07. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.73 and a quick ratio of 21.82. The firm has a market cap of C$7.40 million and a PE ratio of -3.33.

Electrum Discovery (CVE:ELYGet Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts predict that Electrum Discovery Corp will post -0.01 earnings per share for the current fiscal year.

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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