Eurasia Mining (LON:EUA) Stock Price Up 7.8% – Still a Buy?

Eurasia Mining Plc (LON:EUAGet Free Report)’s stock price was 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). Approximately 9,988,745 shares were traded during trading, a decline of 61% from the average daily volume of 25,564,348 shares. The stock had previously closed at GBX 3.85 ($0.05).

Eurasia Mining Stock 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 firm’s 50-day moving average price is GBX 2.99 and its two-hundred day moving average price is GBX 2.48. The firm has a market capitalization of £140.29 million, a price-to-earnings ratio of -335.20 and a beta of 0.90.

Eurasia Mining Company Profile

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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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