Euro Sun Mining (TSE:ESM) Stock Price Down 11.1% – Here’s Why

Euro Sun Mining Inc. (TSE:ESM) shares were down 11.1% during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 121,503 shares changed hands during mid-day 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 Down 11.1 %

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 company has a market capitalization of C$13.61 million, a P/E ratio of -4.00 and a beta of 1.60. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.05.

Insider Transactions at Euro Sun Mining

In related news, Director Carlo Livolsi acquired 2,906,000 shares of the company’s stock in a transaction dated Friday, December 6th. The shares were bought at an average price of C$0.05 per share, for a total transaction of C$145,300.00. Company insiders own 7.25% of the company’s stock.

Euro Sun Mining Company Profile

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.