Shares of Euro Sun Mining Inc (TSE:ESM) rose 25% during mid-day trading on Friday . The stock traded as high as C$0.70 and last traded at C$0.70. Approximately 148,626 shares were traded during mid-day trading, an increase of 179% from the average daily volume of 53,178 shares. The stock had previously closed at C$0.56.
Euro Sun Mining (TSE:ESM) last issued its earnings results on Tuesday, August 14th. The company reported C($0.03) earnings per share (EPS) for the quarter. Sell-side analysts expect that Euro Sun Mining Inc will post -0.55 earnings per share for the current fiscal year.
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Euro Sun Mining Inc engages in the exploration and development of mineral properties in Romania. The company explores for gold and copper. It primarily holds a 100% interest in the Rovina Valley project located in west-central Romania. The company was formerly known as Carpathian Gold Inc and changed its name to Euro Sun Mining Inc in August 2016.
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