Eskay Mining (CVE:ESK) Shares Down 2.2% – What’s Next?

Shares of Eskay Mining Corp. (CVE:ESK) traded down 2.2% on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.45. 22,995 shares traded hands during trading, a decline of 84% from the average session volume of 143,776 shares. The stock had previously closed at C$0.46.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.27 price objective on Eskay Mining and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Eskay Mining currently has an average rating of “Buy” and an average target price of C$1.27.

Eskay Mining Stock Performance

The business has a fifty day simple moving average of C$0.42 and a 200-day simple moving average of C$0.42. The firm has a market cap of C$78.36 million, a price-to-earnings ratio of -42.00 and a beta of 2.07.

Eskay Mining Company Profile

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.