Euro Sun Mining (TSE:ESM) Shares Cross Below 50 Day Moving Average of $0.05

Euro Sun Mining Inc. (TSE:ESMGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.05 and traded as low as C$0.05. Euro Sun Mining shares last traded at C$0.05, with a volume of 1,000 shares.

Euro Sun Mining Price Performance

The business’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The firm has a market capitalization of C$15.31 million, a price-to-earnings ratio of -4.50 and a beta of 1.62. The company has a current ratio of 0.04, a quick ratio of 0.08 and a debt-to-equity ratio of 45.65.

About Euro Sun Mining

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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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