Euro Sun Mining (TSE:ESM) Stock Price Up 12.5% – Here’s What Happened

Euro Sun Mining Inc. (TSE:ESM)’s share price rose 12.5% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 256,038 shares were traded during trading, an increase of 147% from the average daily volume of 103,572 shares. The stock had previously closed at C$0.04.

Euro Sun Mining Stock Up 12.5 %

The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price 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. The stock has a market cap of C$15.31 million, a price-to-earnings ratio of -4.50 and a beta of 1.60.

Insider Buying and Selling

In other Euro Sun Mining news, Director Carlo Livolsi purchased 2,906,000 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was purchased at an average cost of C$0.05 per share, for a total transaction of C$145,300.00. 7.25% of the stock is owned by insiders.

Euro Sun Mining Company Profile

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.