Shares of East Africa Metals Inc. (CVE:EAM – Get Free Report) traded down 14.3% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09. 230,500 shares changed hands during trading, an increase of 266% from the average session volume of 62,909 shares. The stock had previously closed at C$0.11.
East Africa Metals Stock Performance
The stock has a market cap of C$19.39 million, a P/E ratio of -4.50 and a beta of 1.03. The company has a debt-to-equity ratio of 4.03, a current ratio of 0.82 and a quick ratio of 0.26. The stock’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.17.
About East Africa Metals
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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