Eurasia Mining (LON:EUA) Sets New 1-Year Low – What’s Next?

Eurasia Mining Plc (LON:EUA) hit a new 52-week low on Thursday . The company traded as low as GBX 2 and last traded at GBX 2.13, with a volume of 1104602 shares. The stock had previously closed at GBX 2.10.

Eurasia Mining Trading Up 1.7%

The company has a quick ratio of 11.58, a current ratio of 4.61 and a debt-to-equity ratio of 3.44. The business’s fifty day moving average is GBX 2.52 and its two-hundred day moving average is GBX 3.05. The firm has a market cap of £63.01 million, a price-to-earnings ratio of 14.23 and a beta of 0.48.

Eurasia Mining (LON:EUA) last released its earnings results on Tuesday, June 30th. The mining company reported GBX 0.15 earnings per share for the quarter. Eurasia Mining had a return on equity of 19.91% and a net margin of 82.10%. Equities analysts anticipate that Eurasia Mining Plc will post 13.0005669 earnings per share for the current fiscal 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.