Baru Gold Corp. (EAS.V) (CVE:EAS) Shares Down 3.1% – Here’s Why

Baru Gold Corp. (EAS.V) (CVE:EAS)’s stock price was down 3.1% during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 136,956 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 345,802 shares. The stock had previously closed at C$0.16.

Baru Gold Corp. (EAS.V) Price Performance

The firm’s 50 day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16. The firm has a market capitalization of C$22.97 million and a P/E ratio of -15.50.

Baru Gold Corp. (EAS.V) Company Profile

East Asia Minerals Corporation engages in the exploration and development of mineral properties in Indonesia. It holds 70% interest in Sangihe gold-copper project, which is located on the island of Sangihe covering an area of 42,000 hectares; and the Miwah gold project that consists of three contiguous exploration mining business permits covering 30,000 hectares located southeast of Banda Aceh in Aceh Province.