Eurasia Mining (LON:EUA) Stock Crosses Above 200-Day Moving Average – What’s Next?

Eurasia Mining Plc (LON:EUAGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3.50 ($0.05) and traded as high as GBX 4.48 ($0.06). Eurasia Mining shares last traded at GBX 4.36 ($0.06), with a volume of 4,800,723 shares trading hands.

Eurasia Mining Stock Performance

The company has a market cap of £123.12 million, a price-to-earnings ratio of -294.19 and a beta of 0.90. The stock’s fifty day simple moving average is GBX 4.82 and its two-hundred day simple moving average is GBX 3.50. The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80.

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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