Euro Sun Mining (TSE:ESM) Shares Down 12.5% – Should You Sell?

Shares of Euro Sun Mining Inc. (TSE:ESMGet Free Report) fell 12.5% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 1,628,478 shares were traded during mid-day trading, an increase of 409% from the average session volume of 319,759 shares. The stock had previously closed at C$0.04.

Euro Sun Mining Price 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 company has a market cap of C$13.61 million, a P/E ratio of -4.00 and a beta of 1.60. The business’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.05.

About Euro Sun Mining

(Get Free Report)

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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