Euro Sun Mining (TSE:ESM) Shares Down 6% – Here’s Why

Euro Sun Mining Inc. (TSE:ESM)’s share price traded down 6% during trading on Tuesday . The stock traded as low as C$0.23 and last traded at C$0.24. 233,237 shares traded hands during trading, a decline of 62% from the average session volume of 615,850 shares. The stock had previously closed at C$0.25.

Euro Sun Mining Stock Down 12.8%

The company has a current ratio of 0.65, a quick ratio of 0.08 and a debt-to-equity ratio of -98.85. The firm has a 50-day moving average of C$0.30 and a 200 day moving average of C$0.28. The stock has a market capitalization of C$75.20 million, a price-to-earnings ratio of -17.00 and a beta of 0.56.

Euro Sun Mining Company Profile

Euro Sun Mining Inc operates as an exploration and development company that focuses primarily on gold and copper exploration on its property in Romania. It holds interests in its 100% owned Rovina Valley Project (RVP) located in west-central Romania.