Eurasia Mining (LON:EUA) Stock Price Up 24.8% – Time to Buy?

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

Eurasia Mining Stock Performance

The company has a quick ratio of 11.58, a current ratio of 4.61 and a debt-to-equity ratio of 3.44. The firm has a market capitalization of £76.44 million, a P/E ratio of 17.27 and a beta of 0.48. The company’s 50 day moving average is GBX 2.51 and its 200-day moving average is GBX 3.03.

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 return on equity of 19.91% and a net margin of 82.10%. As a group, equities analysts anticipate that Eurasia Mining Plc will post 13.0005669 EPS for the current 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.