Eskay Mining (OTCMKTS:ESKYF) Stock Price Down 4.2% – Here’s Why

Eskay Mining Corp. (OTCMKTS:ESKYF) traded down 4.2% on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 18,955 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 60,651 shares. The stock had previously closed at C$0.24.

Eskay Mining Price Performance

The company has a 50-day moving average price of C$0.25 and a 200-day moving average price of C$0.29.

Eskay Mining Company Profile

Eskay Mining Corp., trading under the symbol ESKYF on the OTC Markets, is a junior mineral exploration company focused on advancing high-grade gold and silver projects in British Columbia’s prolific Golden Triangle region. The company’s flagship asset is the Eskay Creek Seel deposit, located adjacent to the historic Eskay Creek mine, which produced more than 3.3 million ounces of gold and 160 million ounces of silver between 1994 and 2008. Eskay Mining holds a 100% interest in this property and is pursuing systematic drilling, resource definition and metallurgical studies to assess the project’s potential for near-surface mineralization and bulk tonnage discovery.

In addition to Eskay Creek Seel, the company controls a portfolio of exploration licences spanning more than 15,000 hectares in the Golden Triangle, an area recognized for world-class mineral endowments, well-established infrastructure and year-round accessibility.