Eastmain Resources Inc. (ER.TO) (TSE:ER) Stock Price Up 10%

Shares of Eastmain Resources Inc. (ER.TO) (TSE:ERGet Free Report) rose 10% on Monday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 21,055 shares changed hands during trading, a decline of 96% from the average daily volume of 486,551 shares. The stock had previously closed at C$0.25.

Eastmain Resources Inc. (ER.TO) Stock Up 10.0 %

The company has a current ratio of 1.90, a quick ratio of 1.84 and a debt-to-equity ratio of 0.44. The stock’s 50-day moving average is C$0.28. The stock has a market cap of C$79.92 million and a PE ratio of -4.66.

About Eastmain Resources Inc. (ER.TO)

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Eastmain Resources Inc, together with its subsidiary, Eastmain Mines Inc, engages in the acquisition and exploration of mineral resource properties in Canada. The company primarily explores for gold, silver, nickel, platinum, and copper deposits. Its flagship project is the Clearwater project, which hosts the Eau Claire gold deposit covering an area of 201 square kilometers located in the central portion of the Eastmain River Greenstone Belt within the James Bay Mining District of Québec.

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