Eurasia Mining (LON:EUA) Stock Price Up 20.3% – What’s Next?

Eurasia Mining Plc (LON:EUAGet Free Report)’s share price was up 20.3% during trading on Thursday . The stock traded as high as GBX 4 and last traded at GBX 3.97. Approximately 11,569,665 shares changed hands during trading, an increase of 36% from the average daily volume of 8,490,145 shares. The stock had previously closed at GBX 3.30.

Eurasia Mining Price Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80. The company has a 50-day moving average price of GBX 4.23 and a 200-day moving average price of GBX 4.07. The firm has a market capitalization of £123.37 million, a P/E ratio of -83.60 and a beta of 0.90.

About Eurasia Mining

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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. It also holds interest in the Nittis-Kumuzhya-Travyanaya project in Russia. The company was incorporated in 1995 and is headquartered in London, the United Kingdom.

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