Eskay Mining (CVE:ESK) Shares Up 5.9% – Here’s Why

Eskay Mining Corp. (CVE:ESK)’s stock price shot up 5.9% during trading on Monday . The stock traded as high as C$0.19 and last traded at C$0.18. 90,882 shares changed hands during mid-day trading, an increase of 137% from the average session volume of 38,313 shares. The stock had previously closed at C$0.17.

Eskay Mining Price Performance

The business’s 50-day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.20. The stock has a market cap of C$33.09 million, a price-to-earnings ratio of -4.50 and a beta of 1.42. The company has a debt-to-equity ratio of 47.69, a current ratio of 8.03 and a quick ratio of 1.73.

Eskay Mining Company Profile

Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the ESKAY-Corey property located in northwestern British Columbia. The company was formerly known as Kenrich-Eskay Mining Corp.