Eskay Mining (CVE:ESK) Stock Price Up 7.7% – Still a Buy?

Eskay Mining Corp. (CVE:ESK)’s share price rose 7.7% during trading on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.35. 40,692 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 112,046 shares. The stock had previously closed at C$0.33.

Eskay Mining Stock Performance

The company has a market cap of C$67.85 million, a P/E ratio of -17.50 and a beta of 1.79. The stock has a 50-day simple moving average of C$0.35 and a 200 day simple moving average of C$0.41.

Eskay Mining Company Profile

Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the ESKAY-Corey property located in northwestern British Columbia. The company was formerly known as Kenrich-Eskay Mining Corp. and changed its name to Eskay Mining Corp. in November 2009. The company was founded in 1980 and is headquartered in Toronto, Canada.