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

Eurasia Mining logo with Basic Materials background
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Eurasia Mining Plc (LON:EUA - Get Free Report) shares rose 22.5% during mid-day trading on Tuesday . The stock 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 ($0.07).

Eurasia Mining Trading Up 6.7 %

The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58. The business's fifty day simple moving average is GBX 3.67 and its 200 day simple moving average is GBX 2.66. The stock has a market cap of £171.95 million, a price-to-earnings ratio of -410.85 and a beta of 0.90.

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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