Eskay Mining (CVE:ESK) Shares Up 1.3% – Time to Buy?
by Danessa Lincoln · The Markets DailyEskay Mining Corp. (CVE:ESK – Get Free Report)’s stock price shot up 1.3% during trading on Wednesday . The stock traded as high as C$0.43 and last traded at C$0.41. 71,333 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 190,284 shares. The stock had previously closed at C$0.40.
Analyst Ratings Changes
Separately, Fundamental Research set a C$1.27 price objective on shares of Eskay Mining and gave the company a “buy” rating in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Eskay Mining presently has a consensus rating of “Buy” and a consensus target price of C$1.27.
Check Out Our Latest Report on Eskay Mining
Eskay Mining Price Performance
The company has a market cap of C$75.56 million, a PE ratio of -40.50 and a beta of 1.78. The firm has a 50 day simple moving average of C$0.50 and a 200-day simple moving average of C$0.38.
Eskay Mining Company Profile
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.