Eurasia Mining (LON:EUA) Trading Up 24.8% – What’s Next?

Eurasia Mining Plc (LON:EUA) rose 24.8% during trading on Friday . The company traded as high as GBX 2.74 and last traded at GBX 2.59. 21,245,525 shares were traded during trading, an increase of 288% from the average daily volume of 5,479,232 shares. The stock had previously closed at GBX 2.08.

Eurasia Mining Stock Performance

The firm’s fifty day moving average price is GBX 2.50 and its 200 day moving average price is GBX 3.03. The firm has a market cap of £76.44 million, a P/E ratio of 17.27 and a beta of 0.48. The company has a debt-to-equity ratio of 3.44, a quick ratio of 11.58 and a current ratio of 4.61.

Eurasia Mining (LON:EUA) last issued its quarterly earnings data on Tuesday, June 30th. The mining company reported GBX 0.15 EPS for the quarter. Eurasia Mining had a net margin of 82.10% and a return on equity of 19.91%. Sell-side analysts expect that Eurasia Mining Plc will post 13.0005669 EPS for the current fiscal year.

About Eurasia Mining

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.