Eurasia Mining (LON:EUA) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Eurasia Mining Plc (LON:EUAGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.16 ($0.04) and traded as high as GBX 4.68 ($0.06). Eurasia Mining shares last traded at GBX 4.54 ($0.06), with a volume of 6,785,839 shares trading hands.

Eurasia Mining Trading Down 1.8 %

The business has a 50 day simple moving average of GBX 5.27 and a 200 day simple moving average of GBX 3.16. 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 £131.92 million, a price-to-earnings ratio of -315.22 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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