Eskay Mining (CVE:ESK) Stock Price Down 5.4% - Here's Why

Key Points

• Eskay Mining Corp. experienced a stock price decline of 5.4%, trading at C$0.35 on Monday, with a significant drop in trading volume.
• The company's market capitalization stands at C$64.34 million and has a price-to-earnings ratio of -11.79, indicating negative profitability.
• Eskay Mining focuses on the acquisition and exploration of mineral properties, particularly in British Columbia, Canada, holding a 100% interest in the ESKAY-Corey property.

Eskay Mining Corp. (CVE:ESK - Get Free Report) shares dropped 5.4% on Monday . The company traded as low as C$0.35 and last traded at C$0.35. Approximately 20,400 shares traded hands during trading, a decline of 54% from the average daily volume of 44,229 shares. The stock had previously closed at C$0.37.

Eskay Mining Stock Down 1.1%

The firm has a market capitalization of C$81.80 million, a price-to-earnings ratio of -14.99 and a beta of 1.42. The stock's fifty day moving average is C$0.39 and its two-hundred day moving average is C$0.29.

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.