Eurasia Mining (LON:EUA) Hits New 12-Month Low – Here’s Why

Eurasia Mining Plc (LON:EUA)’s stock price hit a new 52-week low on Wednesday. The company traded as low as GBX 1.90 and last traded at GBX 2, with a volume of 4297819 shares traded. The stock had previously closed at GBX 2.05.

Eurasia Mining Stock Down 2.4%

The company has a debt-to-equity ratio of 3.44, a current ratio of 4.61 and a quick ratio of 11.58. The firm has a market capitalization of £59.03 million, a P/E ratio of 13.33 and a beta of 0.48. The firm’s fifty day moving average price is GBX 2.30 and its 200-day moving average price is GBX 2.57.

Eurasia Mining (LON:EUA) last announced its earnings results on Wednesday, September 30th. The mining company reported GBX 0.01 EPS for the quarter. Eurasia Mining had a return on equity of 19.91% and a net margin of 82.10%. As a group, equities research analysts forecast that Eurasia Mining Plc will post 13.0005669 earnings per share for the current year.

About Eurasia Mining

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. It also holds interest in the Nittis-Kumuzhya-Travyanaya project in Russia. The company was incorporated in 1995 and is headquartered in London, the United Kingdom.