Euro Sun Mining (TSE:ESM) Shares Down 12.5% – Here’s Why

Euro Sun Mining Inc. (TSE:ESMGet Free Report) fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 1,628,478 shares changed hands during mid-day trading, an increase of 409% from the average session volume of 319,759 shares. The stock had previously closed at C$0.04.

Euro Sun Mining Stock Performance

The firm has a market cap of C$13.61 million, a PE ratio of -4.00 and a beta of 1.60. The firm’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a current ratio of 0.04, a quick ratio of 0.08 and a debt-to-equity ratio of 45.65.

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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