East Africa Metals (CVE:EAM) Stock Price Down 2.8% – Here’s What Happened

East Africa Metals Inc. (CVE:EAMGet Free Report)’s share price traded down 2.8% during trading on Friday . The company traded as low as C$0.18 and last traded at C$0.18. 18,500 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 91,066 shares. The stock had previously closed at C$0.18.

East Africa Metals Price Performance

The firm has a market capitalization of C$37.70 million, a P/E ratio of -8.75 and a beta of 1.08. The company has a fifty day moving average of C$0.22 and a 200 day moving average of C$0.19. The company has a debt-to-equity ratio of 4.03, a current ratio of 0.82 and a quick ratio of 0.26.

East Africa Metals Company Profile

(Get Free Report)

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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