East Africa Metals Inc. (CVE:EAM – Get Free Report)’s stock price dropped 4.2% during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 500 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 3,750 shares. The stock had previously closed at C$0.12.
East Africa Metals Price Performance
The company has a current ratio of 0.82, a quick ratio of 0.26 and a debt-to-equity ratio of 4.03. The firm has a market capitalization of C$24.78 million, a price-to-earnings ratio of -5.75 and a beta of 1.03. The company’s 50 day moving average is C$0.13 and its 200-day moving average is C$0.19.
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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