Eurasia Mining (LON:EUA) Trading Up 18.8% – Still a Buy?

Eurasia Mining Plc (LON:EUA)’s stock price rose 18.8% during mid-day trading on Wednesday . The stock traded as high as GBX 3.99 and last traded at GBX 3.98. Approximately 5,671,679 shares were traded during trading, a decline of 59% from the average daily volume of 13,756,145 shares. The stock had previously closed at GBX 3.35.

Eurasia Mining Stock Up 18.8%

The stock has a market capitalization of £117.44 million, a P/E ratio of -79.58 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58. The stock has a fifty day moving average price of GBX 3.43 and a 200 day moving average price of GBX 4.01.

Eurasia Mining (LON:EUA) last issued its quarterly earnings data on Tuesday, September 30th. The mining company reported GBX 0.16 earnings per share (EPS) for the quarter. Eurasia Mining had a negative return on equity of 1.89% and a negative net margin of 19.44%. On average, research analysts forecast that Eurasia Mining Plc will post 13.0005669 earnings per share for the current year.

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.