Eurasia Mining (LON:EUA) Trading 7.5% Higher – Here’s What Happened

Shares of Eurasia Mining Plc (LON:EUA) shot up 7.5% during trading on Friday . The stock traded as high as GBX 2.77 ($0.03) and last traded at GBX 2.61 ($0.03). 8,659,046 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 8,138,372 shares. The stock had previously closed at GBX 2.43 ($0.03).

Eurasia Mining Price Performance

The company has a market capitalization of £74.56 million, a price-to-earnings ratio of -210.90 and a beta of 0.90. The company has a fifty day simple moving average of GBX 2.19 and a two-hundred day simple moving average of GBX 2.25. The company has a debt-to-equity ratio of 1.02, a quick ratio of 11.58 and a current ratio of 2.80.

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.