Eurasia Mining (LON:EUA) Stock Price Up 3.9% - Still a Buy?

Key Points

• Eurasia Mining Plc's share price increased by 3.9%, trading between GBX 4.31 and GBX 4.80, with a significant decrease in trading volume compared to the average.
• The company's recent quarterly earnings report indicated an EPS of GBX (0.23) and a negative return on equity of 1.89%.
• Eurasia Mining is primarily involved in the exploration and production of various minerals, including palladium and platinum, with key projects located in Russia.

Eurasia Mining Plc (LON:EUA - Get Free Report)'s share price rose 3.9% during mid-day trading on Thursday . The stock traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.31 ($0.06). Approximately 4,834,172 shares traded hands during trading, a decline of 71% from the average daily volume of 16,809,424 shares. The stock had previously closed at GBX 4.15 ($0.06).

Eurasia Mining Trading Up 12.5%

The company has a 50 day simple moving average of GBX 4.28 and a 200 day simple moving average of GBX 4.46. 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 £143.77 million, a PE ratio of -343.53 and a beta of 0.90.

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

About Eurasia Mining

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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