Euro Sun Mining (TSE:ESM) Trading Up 5.6% – Here’s Why

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s stock price was up 5.6% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 1,123,948 shares changed hands during mid-day trading, an increase of 112% from the average daily volume of 530,887 shares. The stock had previously closed at C$0.09.

Euro Sun Mining Stock Performance

The business’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.05. The firm has a market capitalization of C$21.12 million, a PE ratio of -7.24 and a beta of 1.60. The company has a current ratio of 0.05, a quick ratio of 0.08 and a debt-to-equity ratio of -3.43.

About Euro Sun Mining

(Get Free Report)

Euro Sun Mining Inc operates as a gold and copper exploration and development mining company in Romania. It primarily holds a 100% interest in the Rovina Valley project that covers an area of 27.68 square kilometers situated in west-central Romania. The company was formerly known as Carpathian Gold Inc and changed its name to Euro Sun Mining Inc in August 2016.

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