Eurasia Mining (LON:EUA) Stock Price Up 7.8% – Time to Buy?

Eurasia Mining Plc (LON:EUA)’s stock price rose 7.8% 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 changed hands during mid-day 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 Trading Up 16.9 %

The firm has a fifty day simple moving average of GBX 2.89 and a two-hundred day simple moving average of GBX 2.46. The stock has a market cap of £130.67 million, a PE ratio of -312.23 and a beta of 0.90. The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 0.81.

Eurasia Mining Company Profile

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.