Eurasia Mining (LON:EUA) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Eurasia Mining Plc (LON:EUAGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 2.16 ($0.03) and traded as high as GBX 2.25 ($0.03). Eurasia Mining shares last traded at GBX 2.24 ($0.03), with a volume of 3,370,000 shares changing hands.

Eurasia Mining Stock Performance

The stock has a market capitalization of £64.06 million, a P/E ratio of -210.90 and a beta of 0.90. The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average price of GBX 2.16 and a two-hundred day moving average price of GBX 2.14.

About Eurasia Mining

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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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