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Eurasia Mining (LON:EUA) Shares Up 16.5% - Time to Buy?

Eurasia Mining logo with Basic Materials background

Shares of Eurasia Mining Plc (LON:EUA - Get Free Report) rose 16.5% on Thursday . The company traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.51 ($0.03). Approximately 28,331,229 shares were traded during mid-day trading, an increase of 264% from the average daily volume of 7,790,978 shares. The stock had previously closed at GBX 2.15 ($0.03).

Eurasia Mining Stock Performance

The company has a market cap of £71.64 million, a price-to-earnings ratio of -210.90 and a beta of 0.90. The firm's 50 day simple moving average is GBX 2.12 and its 200-day simple moving average is GBX 2.18. The company has a debt-to-equity ratio of 1.02, a quick ratio of 11.58 and a current ratio of 2.80.

About Eurasia Mining

(Get Free Report)

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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