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Eurasia Mining (LON:EUA) Stock Passes Above 200-Day Moving Average - Here's Why

Eurasia Mining logo with Basic Materials background

Shares of Eurasia Mining Plc (LON:EUA - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.03 ($0.03) and traded as high as GBX 2.25 ($0.03). Eurasia Mining shares last traded at GBX 2.16 ($0.03), with a volume of 3,827,124 shares trading hands.

Eurasia Mining Stock Up 3.2 %

The company has a debt-to-equity ratio of 1.02, a quick ratio of 11.58 and a current ratio of 2.80. The company's fifty day moving average price is GBX 2.22 and its 200-day moving average price is GBX 2.04. The stock has a market cap of £64.92 million, a P/E ratio of -210.90 and a beta of 0.90.

Eurasia Mining Company Profile

(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.

Further Reading

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