Eurasia Mining (LON:EUA) Trading Down 9.9% – Here’s Why

Shares of Eurasia Mining Plc (LON:EUAGet Free Report) fell 9.9% on Friday . The stock traded as low as GBX 2.01 ($0.03) and last traded at GBX 2.01 ($0.03). 7,357,321 shares were traded during mid-day trading, a decline of 38% from the average session volume of 11,788,715 shares. The stock had previously closed at GBX 2.23 ($0.03).

Eurasia Mining Price Performance

The stock has a market cap of £57.34 million, a P/E ratio of -210.90 and a beta of 0.90. The business has a 50 day simple moving average of GBX 2.23 and a 200-day simple moving average of GBX 1.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 11.58 and a current ratio of 2.80.

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.

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