Eurasia Mining (LON:EUA) Shares Climb 9.8% – Time to Buy?

Eurasia Mining Plc (LON:EUA) traded up 9.8% during trading on Tuesday. The company traded as high as GBX 3 and last traded at GBX 2.80. Approximately 6,997,665 shares changed hands during trading, an increase of 35% from the average session volume of 5,192,591 shares. The stock had previously closed at GBX 2.55.

Eurasia Mining Stock Up 5.9%

The firm’s 50 day moving average price is GBX 2.25 and its two-hundred day moving average price is GBX 2.77. The firm has a market capitalization of £92.97 million, a PE ratio of 14.33 and a beta of 0.48. The company has a quick ratio of 11.58, a current ratio of 3.58 and a debt-to-equity ratio of 3.46.

Eurasia Mining (LON:EUA) last issued its quarterly earnings data on Wednesday, September 30th. The mining company reported GBX 0.01 EPS for the quarter. Eurasia Mining had a net margin of 3.94% and a return on equity of 1.39%. As a group, research analysts forecast that Eurasia Mining Plc will post 13.00 EPS 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. 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.