Eurasia Mining (LON:EUA) Reaches New 52-Week Low – Here’s Why

Shares of Eurasia Mining Plc (LON:EUA) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1.90 and last traded at GBX 2.12, with a volume of 7255893 shares traded. The stock had previously closed at GBX 2.17.

Eurasia Mining Stock Up 7.3%

The company has a debt-to-equity ratio of 3.44, a quick ratio of 11.58 and a current ratio of 4.61. The firm has a market cap of £64.93 million, a P/E ratio of 14.67 and a beta of 0.48. The stock’s 50 day simple moving average is GBX 2.32 and its 200 day simple moving average is GBX 2.62.

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

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.