Euro Sun Mining (TSE:ESM) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Euro Sun Mining Inc. (TSE:ESM) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.33 and traded as low as C$0.27. Euro Sun Mining shares last traded at C$0.29, with a volume of 161,700 shares.

Euro Sun Mining Price Performance

The company has a quick ratio of 0.08, a current ratio of 0.65 and a debt-to-equity ratio of -98.85. The firm has a market cap of C$122.64 million, a PE ratio of -29.00 and a beta of 0.07. The stock has a 50 day moving average price of C$0.33 and a two-hundred day moving average price of C$0.27.

About Euro Sun Mining

Euro Sun Mining Inc operates as an exploration and development company that focuses primarily on gold and copper exploration on its property in Romania. It holds interests in its 100% owned Rovina Valley Project (RVP) located in west-central Romania.