Eurasia Mining (LON:EUA) Announces Earnings Results

Eurasia Mining (LON:EUA) issued its quarterly earnings results on Tuesday. The mining company reported GBX 0.15 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 542 million for the quarter. Eurasia Mining had a negative return on equity of 7.12% and a negative net margin of 21.65%.

Eurasia Mining Trading Up 10.0%

Eurasia Mining stock traded up GBX 0.24 during midday trading on Tuesday, reaching GBX 2.64. 3,789,807 shares of the stock traded hands, compared to its average volume of 5,790,199. Eurasia Mining has a 12-month low of GBX 2.05 and a 12-month high of GBX 5.97. The company has a 50-day simple moving average of GBX 2.68 and a two-hundred day simple moving average of GBX 3.31. The firm has a market cap of £77.92 million, a PE ratio of -52.80 and a beta of 0.50. The company has a current ratio of 3.05, a quick ratio of 11.58 and a debt-to-equity ratio of 3.77.

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.