Euro Sun Mining (TSE:ESM) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.21 and traded as low as C$0.16. Euro Sun Mining shares last traded at C$0.17, with a volume of 382,882 shares changing hands.

Euro Sun Mining Price Performance

The company has a market capitalization of C$73.82 million, a P/E ratio of -16.50 and a beta of -0.19. The business’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.28. The company has a current ratio of 0.92, a quick ratio of 0.08 and a debt-to-equity ratio of -163.80.

Euro Sun Mining Company Profile

(Get Free Report)

Euro Sun Mining Inc operates as an exploration and development company that focuses primarily on gold and copper exploration on its property in Romania. It holds interests in its 100% owned Rovina Valley Project (RVP) located in west-central Romania.

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