Eurasia Mining (LON:EUA) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Eurasia Mining Plc (LON:EUA)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.97 and traded as low as GBX 3.50. Eurasia Mining shares last traded at GBX 3.52, with a volume of 5,564,167 shares trading hands.

Eurasia Mining Trading Up 3.5%

The company has a 50 day simple moving average of GBX 4.02 and a 200 day simple moving average of GBX 3.97. The company has a market capitalization of £109.20 million, a PE ratio of -74.00 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80.

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.