Euro Sun Mining (TSE:ESM) Stock Price Down 8.3% – Time to Sell?

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s stock price dropped 8.3% on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 829,633 shares traded hands during mid-day trading, an increase of 326% from the average daily volume of 194,734 shares. The stock had previously closed at C$0.06.

Euro Sun Mining Stock Down 8.3 %

The company has a debt-to-equity ratio of -3.43, a current ratio of 0.05 and a quick ratio of 0.08. The firm has a market capitalization of C$14.52 million, a P/E ratio of -4.97 and a beta of 1.60. The firm’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05.

Euro Sun Mining Company Profile

(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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