Eurasia Mining (LON:EUA) Shares Up 13% – What’s Next?

Eurasia Mining Plc (LON:EUAGet Free Report) shares rose 13% during trading on Thursday . The stock traded as high as GBX 3.79 ($0.05) and last traded at GBX 3.70 ($0.05). 29,503,309 shares traded hands during mid-day trading, an increase of 162% from the average daily volume of 11,281,519 shares. The stock had previously closed at GBX 3.28 ($0.04).

Eurasia Mining Stock Performance

The stock has a 50 day moving average of GBX 2.26 and a two-hundred day moving average of GBX 2.28. The stock has a market capitalization of £113.40 million, a PE ratio of -210.90 and a beta of 0.90. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.80 and a quick ratio of 11.58.

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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