Eurasia Mining (LON:EUA) Trading 5.6% Higher - Time to Buy?

Key Points

• Eurasia Mining Plc saw its stock price increase by 5.6% during mid-day trading, reaching a high of GBX 5.39 ($0.07).
• The company's market capitalization stands at £154.90 million, with a P/E ratio of -370.11 and a notable debt-to-equity ratio of 0.81.
• Eurasia Mining reported a negative earnings per share of GBX (0.23) ($0.00) for the last quarter, with expected earnings per share of 13.0005669 for the current year.

Eurasia Mining Plc (LON:EUA - Get Free Report) traded up 5.6% on Tuesday . The stock traded as high as GBX 5.39 ($0.07) and last traded at GBX 5.28 ($0.07). 16,121,140 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 16,545,965 shares. The stock had previously closed at GBX 5 ($0.07).

Eurasia Mining Price Performance

The company has a market capitalization of £131.28 million, a PE ratio of -313.69 and a beta of 0.90. 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's 50 day simple moving average is GBX 4.53 and its 200-day simple moving average is GBX 4.67.

Eurasia Mining (LON:EUA - Get Free Report) last announced its quarterly earnings data on Tuesday, July 1st. The mining company reported GBX (0.23) 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%. As a group, equities analysts forecast 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.