Eurasia Mining (LON:EUA) Trading Down 12.9% – Here’s What Happened

Eurasia Mining Plc (LON:EUA) fell 12.9% during mid-day trading on Friday . The company traded as low as GBX 6.33 ($0.08) and last traded at GBX 6.45 ($0.08). 24,743,910 shares traded hands during trading, a decline of 10% from the average session volume of 27,342,273 shares. The stock had previously closed at GBX 7.40 ($0.10).

Eurasia Mining Trading Down 11.2 %

The firm has a market capitalization of £190.83 million, a PE ratio of -455.96 and a beta of 0.90. The firm’s fifty day moving average is GBX 3.95 and its two-hundred day moving average is GBX 2.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58.

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.