Euro Sun Mining (TSE:ESM) Sets New 12-Month High – Here’s Why

Shares of Euro Sun Mining Inc. (TSE:ESMGet Free Report) hit a new 52-week high on Friday . The stock traded as high as C$0.08 and last traded at C$0.07, with a volume of 1566226 shares trading hands. The stock had previously closed at C$0.07.

Euro Sun Mining Price Performance

The firm has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The firm has a market cap of C$18.48 million, a price-to-earnings ratio of -6.33 and a beta of 1.60. The company has a quick ratio of 0.08, a current ratio of 0.05 and a debt-to-equity ratio of -3.43.

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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