Euro Sun Mining (TSE:ESM) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Euro Sun Mining Inc. (TSE:ESMGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-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 314,200 shares changing hands.

Euro Sun Mining Stock Performance

The company has a quick ratio of 0.08, a current ratio of 0.04 and a debt-to-equity ratio of 45.65. The firm has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The firm has a market cap of C$17.02 million, a PE ratio of -5.00 and a beta of 1.60.

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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