Eurasia Mining (LON:EUA) Shares Up 3.9% - Should You 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 stock price traded up 3.9% on Thursday . The stock traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.31 ($0.06). 4,834,172 shares were traded during mid-day trading, a decline of 71% from the average session volume of 16,809,424 shares. The stock had previously closed at GBX 4.15 ($0.06).

Eurasia Mining Stock Down 4.3%

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 firm's 50 day moving average is GBX 4.32 and its two-hundred day moving average is GBX 4.51. The firm has a market capitalization of £142.32 million, a P/E ratio of -340.06 and a beta of 0.90.

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