Euro Sun Mining (TSE:ESM) Trading Up 23.3% – Time to Buy?

Shares of Euro Sun Mining Inc. (TSE:ESMGet Free Report) rose 23.3% during mid-day trading on Friday . The company traded as high as C$0.20 and last traded at C$0.18. 2,143,434 shares traded hands during trading, an increase of 270% from the average session volume of 579,555 shares. The stock had previously closed at C$0.15.

Euro Sun Mining Price Performance

The firm has a market capitalization of C$81.18 million, a PE ratio of -9.00 and a beta of 0.06. The company has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.21. The company has a debt-to-equity ratio of -156.79, a current ratio of 0.11 and a quick ratio of 0.08.

Euro Sun Mining (TSE:ESMGet Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C($0.01) EPS for the quarter. Sell-side analysts forecast that Euro Sun Mining Inc. will post -3.5999999 EPS for the current year.

About Euro Sun Mining

(Get Free Report)

Euro Sun is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100%-owned Rovina Valley Project located in west-central Romania, which hosts the second largest copper & gold deposit in Europe. Already granted European strategic status, the Rovina Valley Project is expected to unlock much needed investment and job creation in Hunedoara County and will deliver critical minerals necessary for Europe’s green energy transition.

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