Eurasia Mining (LON:EUA) Stock Price Down 1.7% – Here’s What Happened

Eurasia Mining Plc (LON:EUA)’s share price traded down 1.7% during trading on Friday . The company traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.90 ($0.04). 6,563,058 shares traded hands during trading, a decline of 56% from the average session volume of 14,944,573 shares. The stock had previously closed at GBX 2.95 ($0.04).

Eurasia Mining Price Performance

The stock has a fifty day moving average of GBX 4.07 and a 200 day moving average of GBX 4.26. The stock has a market cap of £73.79 million, a price-to-earnings ratio of -5,000.00 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58.

Eurasia Mining (LON:EUA) last announced its quarterly earnings data on Tuesday, September 30th. The mining company reported GBX 0.16 EPS for the quarter. Eurasia Mining had a negative net margin of 19.44% and a negative return on equity of 1.89%. On average, analysts expect 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.