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ETCMY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.9116$
  • Previous Close
    0.9017$
  • 52 Week Change
    2.27$
  • Day Range
    0.01$
  • 52 Week High/Low
    0.33$ - 2.6$
  • Dividend Per Share
    --
  • Market cap
    1 734 M$
  • EPS
    -0.44
  • Beta
    -0.226
  • Volume
    --

About

ETCMY.US represents the over-the-counter (OTC) traded American Depository Receipt (ADR) for Endeavour Mining PLC. Endeavour Mining is a gold producer with assets located in West Africa. This ADR allows US investors to invest in Endeavour Mining shares which are primarily listed on the Toronto Stock Exchange (TSX). Therefore, ETCMY.US provides a convenient way for US investors to gain exposure to this specific gold mining company.
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Factors

ETCMY.US's price is affected by several factors. Mining Pool Hashrate: Higher hashrate indicates greater network security and interest, often boosting price.

Market Sentiment: Overall positive or negative feelings towards cryptocurrencies influence ETCMY's value.

Regulatory Developments: Government actions, such as bans or approvals, significantly impact price.

Exchange Listings: Listing on major exchanges increases accessibility and trading volume, potentially raising the price.

Technology Updates: Improvements to the Ethereum Classic network or its surrounding ecosystem can affect investor confidence.

Competition: The performance of competing cryptocurrencies can influence the flow of investment towards or away from ETCMY.

Economic Conditions: Macroeconomic factors like inflation and interest rates can indirectly affect cryptocurrency investments.

Energy Consumption: Environmental concerns related to proof-of-work mining can impact investor perception.

Supply and Demand: Basic economic principles dictate that increased demand with limited supply raises the price.

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