Euro Sun Mining (TSE:ESM) Trading Down 11.1% – What’s Next?

Euro Sun Mining Inc. (TSE:ESM) was down 11.1% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 121,503 shares traded hands during mid-day trading, an increase of 67% from the average daily volume of 72,774 shares. The stock had previously closed at C$0.05.

Euro Sun Mining Stock Performance

The firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The firm has a market cap of C$15.31 million, a PE ratio of -4.50 and a beta of 1.60. The company has a current ratio of 0.04, a quick ratio of 0.08 and a debt-to-equity ratio of 45.65.

Insider Transactions at Euro Sun Mining

In other Euro Sun Mining news, Director Carlo Livolsi purchased 2,906,000 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was purchased at an average price of C$0.05 per share, with a total value of C$145,300.00. Insiders own 7.25% of the company’s stock.

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.