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

Shares of Eurasia Mining Plc (LON:EUA) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.02 and traded as low as GBX 3.50. Eurasia Mining shares last traded at GBX 3.57, with a volume of 2,923,430 shares trading hands.

Eurasia Mining Stock Down 2.5%

The firm has a 50-day moving average of GBX 3.44 and a two-hundred day moving average of GBX 4.02. The stock has a market capitalization of £102.71 million, a price-to-earnings ratio of -69.60 and a beta of 0.90. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 0.81.

Eurasia Mining (LON:EUA) last released its earnings results on Tuesday, September 30th. The mining company reported GBX 0.16 earnings per share for the quarter. Eurasia Mining had a negative return on equity of 1.89% and a negative net margin of 19.44%. As a group, sell-side analysts anticipate that Eurasia Mining Plc will post 13.0005669 earnings per share 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.