Eurasia Mining (LON:EUA) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Eurasia Mining Plc (LON:EUA)’s stock price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 2.76 and traded as low as GBX 2.70. Eurasia Mining shares last traded at GBX 2.73, with a volume of 3,378,016 shares traded.

Eurasia Mining Stock Performance

The stock has a fifty day moving average of GBX 2.30 and a 200-day moving average of GBX 2.76. The firm has a market capitalization of £80.57 million, a P/E 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 released its earnings results on Wednesday, September 30th. The mining company reported GBX 0.01 EPS for the quarter. Eurasia Mining had a return on equity of 1.39% and a net margin of 3.94%. On average, research analysts anticipate that Eurasia Mining Plc will post 13.00 EPS for the current year.

Eurasia Mining Company Profile

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.