Eskay Mining (CVE:ESK) Trading 10.2% Higher – Here’s What Happened

Eskay Mining Corp. (CVE:ESK)’s stock price shot up 10.2% on Monday . The company traded as high as C$0.28 and last traded at C$0.27. 81,900 shares were traded during trading, an increase of 38% from the average session volume of 59,433 shares. The stock had previously closed at C$0.25.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.21 price target on shares of Eskay Mining and gave the company a “buy” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Eskay Mining has a consensus rating of “Buy” and an average target price of C$1.21.

Eskay Mining Price Performance

The company has a market cap of C$51.31 million, a P/E ratio of -27.50 and a beta of 1.60. The firm’s 50-day moving average is C$0.32 and its two-hundred day moving average is C$0.34.

About Eskay Mining

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.