Shares of East Africa Metals Inc. (CVE:EAM – Get Free Report) traded down 13.8% during trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 168,500 shares were traded during 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 market capitalization of C$25.85 million, a P/E ratio of -6.00 and a beta of 1.03. The business’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.19. The company has a current ratio of 0.82, a quick ratio of 0.26 and a debt-to-equity ratio of 4.03.
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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