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Eurasia Mining (LON:EUA) Shares Up 6.6% - Still a Buy?

Eurasia Mining logo with Basic Materials background

Shares of Eurasia Mining Plc (LON:EUA - Get Free Report) rose 6.6% on Tuesday . The company traded as high as GBX 5.17 ($0.07) and last traded at GBX 4.91 ($0.07). Approximately 15,493,809 shares traded hands during trading, a decline of 13% from the average daily volume of 17,728,326 shares. The stock had previously closed at GBX 4.60 ($0.06).

Eurasia Mining Stock Performance

The company has a 50-day moving average price of GBX 4.19 and a two-hundred day moving average price of GBX 4.16. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of £145.69 million, a P/E ratio of -348.11 and a beta of 0.90.

Eurasia Mining (LON:EUA - Get Free Report) last released its quarterly 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%. Equities analysts expect that Eurasia Mining Plc will post 13.0005669 earnings per share for the current year.

About Eurasia Mining

(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.

Further Reading

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