Eurasia Mining (LON:EUA) Trading Down 11.1% – Here’s Why

Eurasia Mining Plc (LON:EUAGet Free Report) shares dropped 11.1% on Monday . The stock traded as low as GBX 5.10 ($0.06) and last traded at GBX 5.10 ($0.06). Approximately 11,487,456 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 24,765,064 shares. The stock had previously closed at GBX 5.74 ($0.07).

Eurasia Mining Stock Down 11.1 %

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 firm has a market capitalization of £118.79 million, a PE ratio of -283.85 and a beta of 0.90. The firm has a 50-day moving average of GBX 2.85 and a two-hundred day moving average of GBX 2.46.

Eurasia Mining Company Profile

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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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