Eskay Mining (CVE:ESK) Sets New 12-Month High – What’s Next?

Eskay Mining Corp. (CVE:ESK) shares reached a new 52-week high on Tuesday . The company traded as high as C$0.67 and last traded at C$0.65, with a volume of 150398 shares. The stock had previously closed at C$0.62.

Analyst Upgrades and Downgrades

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

Eskay Mining Stock Up 3.2%

The company’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.34. The stock has a market capitalization of C$119.40 million, a price-to-earnings ratio of -64.00 and a beta of 2.26.

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. and changed its name to Eskay Mining Corp. in November 2009. The company was founded in 1980 and is headquartered in Toronto, Canada.