Eurasia Mining (LON:EUA) Shares Down 10.9% – Here’s Why

Eurasia Mining Plc (LON:EUAGet Free Report)’s stock price dropped 10.9% on Thursday . The stock traded as low as GBX 4.86 ($0.06) and last traded at GBX 4.99 ($0.06). Approximately 24,074,197 shares traded hands during trading, a decline of 9% from the average daily volume of 26,394,387 shares. The stock had previously closed at GBX 5.60 ($0.07).

Eurasia Mining Trading Up 0.8 %

The company has a market cap of £139.13 million, a P/E ratio of -332.43 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 0.81. The business has a 50 day moving average price of GBX 4.88 and a 200-day moving average price of GBX 3.02.

Eurasia Mining Company Profile

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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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