Eurasia Mining (LON:EUA) Trading 20.3% Higher – What’s Next?

Eurasia Mining Plc (LON:EUA) traded up 20.3% on Thursday . The stock traded as high as GBX 4 and last traded at GBX 3.97. 11,569,665 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 8,490,145 shares. The stock had previously closed at GBX 3.30.

Eurasia Mining Trading Up 15.5%

The firm has a 50 day moving average price of GBX 4.21 and a 200 day moving average price of GBX 4.07. The stock has a market capitalization of £112.45 million, a PE ratio of -76.20 and a beta of 0.90. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 0.81.

Eurasia Mining Company Profile

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.