Eurasia Mining (LON:EUA) Trading Down 17.9% – Here’s Why

Shares of Eurasia Mining Plc (LON:EUA) dropped 17.9% on Monday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 5 ($0.06). Approximately 27,369,045 shares were traded during trading, an increase of 0% from the average daily volume of 27,245,930 shares. The stock had previously closed at GBX 6.09 ($0.08).

Eurasia Mining Trading Down 17.9 %

The company has a fifty day simple moving average of GBX 3.38 and a two-hundred day simple moving average of GBX 2.58. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of £145.20 million, a P/E ratio of -346.93 and a beta of 0.90.

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.