Eurasia Mining (LON:EUA) Stock Price Up 16.5% – Time to Buy?

Shares of Eurasia Mining Plc (LON:EUAGet Free Report) were up 16.5% during mid-day trading on Thursday . The company traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.51 ($0.03). Approximately 28,331,229 shares traded hands during mid-day trading, an increase of 264% from the average daily volume of 7,790,978 shares. The stock had previously closed at GBX 2.15 ($0.03).

Eurasia Mining Stock Down 4.2 %

The company’s fifty day simple moving average is GBX 2.13 and its 200 day simple moving average is GBX 2.18. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of £69.21 million, a PE ratio of -210.90 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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