Euro Sun Mining (TSE:ESM) Trading Down 12.5% – Time to Sell?

Euro Sun Mining Inc. (TSE:ESMGet Free Report) traded down 12.5% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 1,628,478 shares were traded 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 Price Performance

The business has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 45.65, a current ratio of 0.04 and a quick ratio of 0.08. The firm has a market capitalization of C$11.91 million, a price-to-earnings ratio of -3.50 and a beta of 1.60.

About Euro Sun Mining

(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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