East Africa Metals (CVE:EAM) Stock Price Down 4.5% – Time to Sell?

East Africa Metals Inc. (CVE:EAMGet Free Report)’s share price was down 4.5% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 6,550 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 82,969 shares. The stock had previously closed at C$0.11.

East Africa Metals Stock Up 9.5 %

The company has a market cap of C$25.16 million, a P/E ratio of -9.98 and a beta of 1.03. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.05 and a quick ratio of 0.26. The stock has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.13.

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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