Euro Sun Mining (TSE:ESM) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.05. Euro Sun Mining shares last traded at C$0.05, with a volume of 101,075 shares changing hands.

Euro Sun Mining Price Performance

The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a market capitalization of C$15.31 million, a PE ratio of -4.50 and a beta of 1.62. The company has a debt-to-equity ratio of 45.65, a current ratio of 0.04 and a quick ratio of 0.08.

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.

Read More

Receive News & Ratings for Euro Sun Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euro Sun Mining and related companies with MarketBeat.com's FREE daily email newsletter.