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

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

Eurasia Mining Stock Down 8.0 %

The firm has a fifty day simple moving average of GBX 4.15 and a 200-day simple moving average of GBX 2.81. The company has a market capitalization of £197.80 million, a PE ratio of -472.61 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a quick ratio of 11.58 and a current ratio of 2.80.

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.

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