Eurasia Mining (LON:EUA) Stock Price Up 22.5% – Time to Buy?

Eurasia Mining Plc (LON:EUAGet Free Report) shares rose 22.5% during trading on Tuesday . The company traded as high as GBX 6.35 ($0.08) and last traded at GBX 6.19 ($0.08). Approximately 28,669,041 shares traded hands during trading, an increase of 3% from the average daily volume of 27,937,957 shares. The stock had previously closed at GBX 5.05 ($0.06).

Eurasia Mining Price Performance

The business has a 50-day simple moving average of GBX 3.44 and a 200 day simple moving average of GBX 2.59. The firm has a market cap of £179.76 million, a P/E ratio of -429.52 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80.

Eurasia Mining Company Profile

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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.

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