Eurasia Mining (LON:EUA) Stock Price Up 7.8% – Here’s Why

Shares of Eurasia Mining Plc (LON:EUAGet Free Report) traded up 7.8% during mid-day trading on Thursday . The stock traded as high as GBX 4.30 ($0.05) and last traded at GBX 4.15 ($0.05). 9,988,745 shares were traded during trading, a decline of 61% from the average session volume of 25,564,348 shares. The stock had previously closed at GBX 3.85 ($0.05).

Eurasia Mining Price Performance

The company’s 50-day moving average price is GBX 2.99 and its 200-day moving average price is GBX 2.48. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58. The company has a market cap of £140.29 million, a P/E ratio of -335.20 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.

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