Eurasia Mining (LON:EUA) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Eurasia Mining Plc (LON:EUAGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.49 and traded as low as GBX 2.30. Eurasia Mining shares last traded at GBX 2.44, with a volume of 2,378,554 shares.

Eurasia Mining Stock Up 1.7%

The firm’s 50-day moving average price is GBX 2.79 and its 200 day moving average price is GBX 3.49. The firm has a market cap of £72.01 million, a P/E ratio of -48.80 and a beta of 0.38. The company has a quick ratio of 11.58, a current ratio of 3.05 and a debt-to-equity ratio of 3.77.

About Eurasia Mining

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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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