Eurasia Mining (LON:EUA) Trading 17.5% Higher – Still a Buy?

Eurasia Mining Plc (LON:EUAGet Free Report)’s share price traded up 17.5% during trading on Wednesday . The company traded as high as GBX 6.08 ($0.08) and last traded at GBX 5.88 ($0.07). 15,160,071 shares changed hands during trading, a decline of 42% from the average session volume of 25,933,209 shares. The stock had previously closed at GBX 5 ($0.06).

Eurasia Mining Price Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80. The company has a fifty day moving average price of GBX 3.14 and a two-hundred day moving average price of GBX 2.52. The company has a market cap of £173.28 million, a P/E ratio of -414.04 and a beta of 0.90.

About Eurasia Mining

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Eurasia Mining Plc, a mining and mineral exploration company, engages in the exploration, development, and production of palladium, platinum, rhodium, iridium, copper, nickel, gold, and other minerals in Russia. The company's principal projects are the West Kytlim mine located in the Urals; and the Monchetundra project situated on the Kola Peninsula.

Further Reading

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