Eurasia Mining (LON:EUA) Trading Down 11.1% – Time to Sell?

Shares of Eurasia Mining Plc (LON:EUAGet Free Report) fell 11.1% during trading on Monday . The stock traded as low as GBX 5.10 ($0.06) and last traded at GBX 5.10 ($0.06). 11,487,456 shares were traded during mid-day trading, a decline of 54% from the average session volume of 24,765,064 shares. The stock had previously closed at GBX 5.74 ($0.07).

Eurasia Mining Stock Performance

The firm’s fifty day moving average price is GBX 2.73 and its 200 day moving average price is GBX 2.43. The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of £148.13 million, a price-to-earnings ratio of -353.94 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.

Further Reading

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