Eskay Mining (CVE:ESK) Trading 15.4% Higher – Here’s Why

Shares of Eskay Mining Corp. (CVE:ESK) traded up 15.4% on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. 71,000 shares traded hands during mid-day trading, an increase of 65% from the average session volume of 43,001 shares. The stock had previously closed at C$0.26.

Eskay Mining Stock Down 5.1 %

The firm has a 50 day moving average price of C$0.22 and a two-hundred day moving average price of C$0.20. The company has a market cap of C$51.47 million, a price-to-earnings ratio of -9.43 and a beta of 1.42.

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.