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Eurasia Mining (LON:EUA) Stock Passes Below 200-Day Moving Average - Here's Why

Eurasia Mining logo with Basic Materials background

Shares of Eurasia Mining Plc (LON:EUA - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3.81 ($0.05) and traded as low as GBX 3.79 ($0.05). Eurasia Mining shares last traded at GBX 3.81 ($0.05), with a volume of 3,113,775 shares trading hands.

Eurasia Mining Stock Down 6.6%

The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80. The stock's 50 day simple moving average is GBX 4.14 and its 200 day simple moving average is GBX 3.85. The firm has a market cap of £102.18 million, a P/E ratio of -244.15 and a beta of 0.90.

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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