East Africa Metals (CVE:EAM) Shares Down 3.8% – Time to Sell?

East Africa Metals Inc. (CVE:EAMGet Free Report)’s stock price dropped 3.8% during mid-day trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 15,580 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 86,196 shares. The stock had previously closed at C$0.13.

East Africa Metals Trading Down 3.8 %

The stock has a market cap of C$26.93 million, a PE ratio of -6.25 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. The stock has a fifty day moving average price of C$0.14 and a 200 day moving average price of C$0.20.

About East Africa Metals

(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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