Euro Sun Mining (TSE:ESM) Trading 30% Higher – Still a Buy?

Euro Sun Mining Inc. (TSE:ESMGet Free Report) shares traded up 30% on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. 650,139 shares were traded during trading, an increase of 199% from the average session volume of 217,238 shares. The stock had previously closed at C$0.05.

Euro Sun Mining Stock Performance

The stock’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$17.16 million, a price-to-earnings ratio of -5.88 and a beta of 1.60. The company has a debt-to-equity ratio of -3.43, a quick ratio of 0.08 and a current ratio of 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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