Euro Sun Mining (TSE:ESM) Stock Price Up 6.3% – Here’s Why

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s share price shot up 6.3% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 731,125 shares traded hands during trading, an increase of 75% from the average session volume of 416,926 shares. The stock had previously closed at C$0.08.

Euro Sun Mining Price Performance

The stock has a market cap of C$23.76 million, a PE ratio of -8.14 and a beta of 1.60. The business has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. 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

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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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