Eurasia Mining (LON:EUA) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Eurasia Mining Plc (LON:EUA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2.94 and traded as low as GBX 2.20. Eurasia Mining shares last traded at GBX 2.39, with a volume of 4,208,580 shares traded.

Eurasia Mining Trading Up 6.2%

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 stock has a market capitalization of £73.64 million, a P/E ratio of 16.63 and a beta of 0.48. The stock has a 50-day moving average price of GBX 2.45 and a two-hundred day moving average price of GBX 2.93.

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