Euro Sun Mining (TSE:ESM) Shares Up 5.3% – Time to Buy?

Euro Sun Mining Inc. (TSE:ESM) shot up 5.3% on Monday . The company traded as high as C$0.30 and last traded at C$0.30. 278,060 shares traded hands during trading, a decline of 58% from the average session volume of 655,041 shares. The stock had previously closed at C$0.29.

Euro Sun Mining Stock Up 5.3%

The company has a market cap of C$132.70 million, a P/E ratio of -30.00 and a beta of 0.56. The company has a debt-to-equity ratio of -98.85, a current ratio of 0.65 and a quick ratio of 0.08. The company’s 50-day moving average is C$0.32 and its two-hundred day moving average is C$0.28.

Euro Sun Mining Company Profile

Euro Sun Mining Inc operates as an exploration and development company that focuses primarily on gold and copper exploration on its property in Romania. It holds interests in its 100% owned Rovina Valley Project (RVP) located in west-central Romania.