Eurasia Mining (LON:EUA) Shares Climb 9.8% – Here’s What Happened

by · The Markets Daily

Shares of Eurasia Mining Plc (LON:EUA – Get Free Report) shot up 9.8% on Tuesday. The stock traded as high as GBX 3 and last traded at GBX 2.80. 6,997,665 shares traded hands during trading, an increase of 35% from the average session volume of 5,192,591 shares. The stock had previously closed at GBX 2.55.

Eurasia Mining Stock Up 7.3%

The company has a debt-to-equity ratio of 3.46, a current ratio of 3.58 and a quick ratio of 11.58. The firm’s 50-day moving average is GBX 2.24 and its 200 day moving average is GBX 2.78. The stock has a market cap of £80.78 million, a price-to-earnings ratio of 14.33 and a beta of 0.48.

Eurasia Mining (LON:EUA – Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The mining company reported GBX 0.01 earnings per share for the quarter. Eurasia Mining had a net margin of 3.94% and a return on equity of 1.39%. Sell-side analysts anticipate that Eurasia Mining Plc will post 13.00 earnings per share for the current fiscal year.

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. It also holds interest in the Nittis-Kumuzhya-Travyanaya project in Russia. The company was incorporated in 1995 and is headquartered in London, the United Kingdom.

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