Eskay Mining (CVE:ESK) Stock Price Down 6.7% – Here’s Why

Eskay Mining Corp. (CVE:ESK) shares dropped 6.7% on Wednesday . The company traded as low as C$0.28 and last traded at C$0.28. 34,498 shares were traded during mid-day trading, a decline of 68% from the average session volume of 107,086 shares. The stock had previously closed at C$0.30.

Eskay Mining Stock Down 6.7%

The firm’s 50-day simple moving average is C$0.34 and its 200-day simple moving average is C$0.39. The firm has a market capitalization of C$54.28 million, a PE ratio of -14.00 and a beta of 1.65.

Eskay Mining Company Profile

Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the ESKAY-Corey property located in northwestern British Columbia. The company was formerly known as Kenrich-Eskay Mining Corp. and changed its name to Eskay Mining Corp. in November 2009. The company was founded in 1980 and is headquartered in Toronto, Canada.