Esrey Resources (CVE:ESR) Trading Down 25%

Esrey Resources Ltd (CVE:ESR) shares fell 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, 100,000 shares were traded during mid-day trading. A decline of 5% from the average session volume of 105,109 shares. The stock had previously closed at C$0.02.

The company has a debt-to-equity ratio of 16.01, a quick ratio of 0.42 and a current ratio of 0.46. The firm has a 50 day simple moving average of C$0.03. The stock has a market capitalization of $2.00 million and a P/E ratio of -0.79.

Esrey Resources (CVE:ESR) last posted its quarterly earnings data on Wednesday, May 29th. The company reported C($0.01) EPS for the quarter.

Esrey Resources Company Profile (CVE:ESR)

Esrey Resources Ltd. engages in the exploration of oil and gas properties in Canada. The company holds interests in approximately 2.4 million acres of prospective oil and natural gas properties in Papua New Guinea. It also has interest in the zinc Milosheve Stockpile Material, located in Kosovo. The company was formerly known as Esrey Energy Ltd.

Featured Article: Convertible Shares

Receive News & Ratings for Esrey Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esrey Resources and related companies with MarketBeat.com's FREE daily email newsletter.