Eskay Mining (CVE:ESK) Shares Down 9.1% – Should You Sell?

Eskay Mining Corp. (CVE:ESK – Get Free Report)’s share price dropped 9.1% on Wednesday. The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 77,913 shares were traded during trading, a decline of 23% from the average session volume of 101,451 shares. The stock had previously closed at C$0.28.

Eskay Mining Stock Performance

The business’s 50-day simple moving average is C$0.32 and its 200 day simple moving average is C$0.37. The company has a market capitalization of C$49.43 million, a P/E ratio of -12.75 and a beta of 1.48.

About Eskay Mining

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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. and changed its name to Eskay Mining Corp. in November 2009. The company was founded in 1980 and is headquartered in Toronto, Canada.

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