Eskay Mining (CVE:ESK) Stock Price Up 18.1% - What's Next?

Key Points

• Eskay Mining Corp. (CVE:ESK) shares rose by 18.1% in mid-day trading, reaching a high of C$0.43, significantly up from the previous close of C$0.36.
• The trading volume increased to 116,841 shares, marking a 161% rise from the average session volume of 44,822 shares.
• Eskay Mining engages in the acquisition and exploration of mineral properties in British Columbia, holding 100% interests in the ESKAY-Corey property.

Eskay Mining Corp. (CVE:ESK - Get Free Report) shares shot up 18.1% on Wednesday . The stock traded as high as C$0.43 and last traded at C$0.43. 116,841 shares traded hands during trading, an increase of 161% from the average session volume of 44,822 shares. The stock had previously closed at C$0.36.

Eskay Mining Trading Down 1.1%

The firm has a 50-day simple moving average of C$0.39 and a two-hundred day simple moving average of C$0.29. The company has a market capitalization of C$81.80 million, a price-to-earnings ratio of -14.99 and a beta of 1.42.

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.