Eurasia Mining (LON:EUA) Stock Price Up 19% – Should You Buy?

Eurasia Mining Plc (LON:EUA – Get Free Report)’s share price shot up 19% during trading on Tuesday. The stock traded as high as GBX 2.50 and last traded at GBX 2.50. 8,284,666 shares were traded during mid-day trading, an increase of 74% from the average daily volume of 4,748,340 shares. The stock had previously closed at GBX 2.10.

Eurasia Mining Stock Up 19.0%

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 stock has a fifty day moving average price of GBX 2.21 and a two-hundred day moving average price of GBX 2.48. The company has a market cap of £73.79 million, a P/E ratio of 14.33 and a beta of 0.48.

Eurasia Mining (LON:EUA – Get Free Report) last announced its earnings results on Wednesday, September 30th. The mining company reported GBX 0.01 earnings per share (EPS) for the quarter. Eurasia Mining had a return on equity of 1.39% and a net margin of 3.94%. On average, research analysts expect that Eurasia Mining Plc will post 13.00 EPS for the current 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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