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Eurasia Mining (LON:EUA) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Eurasia Mining logo with Basic Materials background

Eurasia Mining Plc (LON:EUA - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.87 ($0.05) and traded as high as GBX 4.87 ($0.07). Eurasia Mining shares last traded at GBX 4.63 ($0.06), with a volume of 27,775,775 shares.

Eurasia Mining Price Performance

The stock has a market cap of £119.87 million, a P/E ratio of -286.41 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. The company's fifty day simple moving average is GBX 4.10 and its 200-day simple moving average is GBX 3.92.

Eurasia Mining (LON:EUA - Get Free Report) last issued its earnings results on Tuesday, July 1st. The mining company reported GBX (0.23) ($0.00) earnings per share for the quarter. Eurasia Mining had a negative net margin of 19.44% and a negative return on equity of 1.89%. As a group, sell-side analysts forecast that Eurasia Mining Plc will post 13.0005669 EPS for the current year.

Eurasia Mining Company Profile

(Get Free Report)

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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