Eurasia Mining (LON:EUA) Trading Up 7.5% – Still a Buy?

Eurasia Mining Plc (LON:EUA) rose 7.5% on Friday . The stock traded as high as GBX 2.77 ($0.03) and last traded at GBX 2.61 ($0.03). Approximately 8,659,046 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 8,138,372 shares. The stock had previously closed at GBX 2.43 ($0.03).

Eurasia Mining Stock Up 7.5 %

The stock has a fifty day moving average price of GBX 2.19 and a 200-day moving average price of GBX 2.25. The firm has a market cap of £74.56 million, a PE ratio of -210.90 and a beta of 0.90. The company has a debt-to-equity ratio of 1.02, a quick ratio of 11.58 and a current ratio of 2.80.

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.