Electrum Discovery (CVE:ELY) Hits New 52-Week High – Time to Buy?

Electrum Discovery Corp (CVE:ELYGet Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as C$0.18 and last traded at C$0.16, with a volume of 264675 shares changing hands. The stock had previously closed at C$0.17.

Electrum Discovery Stock Performance

The company has a current ratio of 1.73, a quick ratio of 21.82 and a debt-to-equity ratio of 9.05. The stock has a market cap of C$11.84 million and a PE ratio of -5.33. The business’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.09.

About Electrum Discovery

(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.

Further Reading

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