Eurasia Mining (LON:EUA) Trading 13.2% Higher – Should You Buy?

Eurasia Mining Plc (LON:EUAGet Free Report)’s share price rose 13.2% during mid-day trading on Monday . The stock traded as high as GBX 2.28 ($0.03) and last traded at GBX 2.27 ($0.03). Approximately 1,874,497 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 11,723,489 shares. The stock had previously closed at GBX 2.01 ($0.03).

Eurasia Mining Price Performance

The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 1.02. The stock has a 50-day simple moving average of GBX 2.24 and a 200 day simple moving average of GBX 2. The stock has a market capitalization of £62.49 million, a price-to-earnings 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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