Eskay Mining (CVE:ESK) Stock Price Down 6.7% – Here’s Why

Shares of Eskay Mining Corp. (CVE:ESK) traded down 6.7% on Wednesday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 34,498 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 107,086 shares. The stock had previously closed at C$0.30.

Eskay Mining Price Performance

The firm has a market cap of C$54.28 million, a P/E ratio of -14.00 and a beta of 1.65. The firm’s 50 day moving average is C$0.34 and its 200 day moving average is C$0.39.

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