Eurasia Mining (LON:EUA) Stock Price Up 11.3% - Still a Buy?

Eurasia Mining Plc (LON:EUA - Get Free Report) rose 11.3% during mid-day trading on Wednesday . The stock traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.73 ($0.06). Approximately 21,586,326 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 18,350,646 shares. The stock had previously closed at GBX 4.25 ($0.06).

Eurasia Mining Stock Up 11.3%

The firm has a 50 day moving average of GBX 4.10 and a 200-day moving average of GBX 3.92. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58. The stock has a market capitalization of £137.38 million, a P/E ratio of -328.26 and a beta of 0.90.

Eurasia Mining (LON:EUA - Get Free Report) last posted its quarterly earnings data on Tuesday, July 1st. The mining company reported GBX (0.23) ($0.00) earnings per share for the quarter. Eurasia Mining had a negative return on equity of 1.89% and a negative net margin of 19.44%. On average, equities research analysts expect that Eurasia Mining Plc will post 13.0005669 earnings per share for the current fiscal year.

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.

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