Euro Sun Mining (TSE:ESM) Stock Price Down 11.1% – Time to Sell?

Shares of Euro Sun Mining Inc. (TSE:ESMGet Free Report) dropped 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 were traded during 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 Trading Up 12.5 %

The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 45.65, a quick ratio of 0.08 and a current ratio of 0.04. The company has a market capitalization of C$15.31 million, a P/E ratio of -4.50 and a beta of 1.60.

Insider Activity

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 shares were acquired at an average cost 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

(Get Free Report)

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.

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