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

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 - )'s stock price fell 5.4% during trading on Monday . The company traded as low as C$0.35 and last traded at C$0.35. 20,400 shares changed hands during trading, a decline of 54% from the average session volume of 44,229 shares. The stock had previously closed at C$0.37.

Eskay Mining Price Performance

The business has a 50 day simple moving average of C$0.38 and a 200 day simple moving average of C$0.28. The company has a market capitalization of C$64.34 million, a price-to-earnings ratio of -11.79 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.

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