Eurasia Mining (LON:EUA) Trading Down 5.4% - Should You Sell?

Key Points

• Eurasia Mining Plc shares experienced a decline of 5.4% on Thursday, trading as low as GBX 4.45 ($0.06) with a significant drop in trading volume.
• The company reported a negative EPS of GBX (0.23) for the quarter, along with a negative return on equity of 1.89% and a net margin of 19.44%.
• Eurasia Mining is primarily involved in mineral exploration and production in Russia, focusing on precious metals such as palladium, platinum, and gold.

Eurasia Mining Plc (LON:EUA - Get Free Report) shares traded down 5.4% on Thursday . The stock traded as low as GBX 4.45 ($0.06) and last traded at GBX 4.54 ($0.06). 1,187,154 shares were traded during mid-day trading, a decline of 93% from the average session volume of 16,447,734 shares. The stock had previously closed at GBX 4.80 ($0.06).

Eurasia Mining Trading Down 4.2%

The company has a fifty day moving average of GBX 4.51 and a two-hundred day moving average of GBX 4.64. 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 £133.61 million, a price-to-earnings ratio of -319.24 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) EPS for the quarter. Eurasia Mining had a negative return on equity of 1.89% and a negative net margin of 19.44%. On average, research analysts expect that Eurasia Mining Plc will post 13.0005669 EPS for the current 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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