Eskay Mining Corp. (CVE:ESK) shares fell 14.3% during trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12, 318,000 shares traded hands during mid-day trading. An increase of 462% from the average session volume of 56,626 shares. The stock had previously closed at C$0.14.
The stock has a market capitalization of $15.72 million and a price-to-earnings ratio of -13.33. The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.09.
In related news, Director Hugh Mclellan Balkam sold 716,000 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of C$0.09, for a total value of C$64,440.00. Following the transaction, the director now directly owns 3,407,428 shares in the company, valued at C$306,668.52.
Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties in British Columbia, Canada. It primarily explores for gold, silver, zinc, nickel, cobalt, and copper, as well as precious and base metal deposits. The company holds an 80% interest in the St.
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