East Africa Metals Inc. (CVE:EAM – Get Free Report) shot up 11.8% on Friday . The stock traded as high as C$0.19 and last traded at C$0.19. 106,000 shares changed hands during trading, an increase of 14% from the average session volume of 92,657 shares. The stock had previously closed at C$0.17.
East Africa Metals Price Performance
The firm has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.20. The stock has a market capitalization of C$40.93 million, a P/E ratio of -9.50 and a beta of 1.03. The company has a debt-to-equity ratio of 4.03, a quick ratio of 0.26 and a current ratio of 0.82.
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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