Eurasia Mining (LON:EUA) Shares Down 10.8% – Here’s What Happened

Eurasia Mining Plc (LON:EUA)’s stock price fell 10.8% during trading on Wednesday . The company traded as low as GBX 2.17 ($0.03) and last traded at GBX 2.25 ($0.03). 17,476,797 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 11,854,007 shares. The stock had previously closed at GBX 2.53 ($0.03).

Eurasia Mining Trading Down 12.9 %

The firm has a 50 day moving average of GBX 2.24 and a 200 day moving average of GBX 2.01. The firm has a market cap of £62.89 million, a PE ratio of -210.90 and a beta of 0.90. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 1.02.

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.