Eurasia Mining (LON:EUA) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Eurasia Mining Plc (LON:EUAGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2.03 ($0.03) and traded as high as GBX 2.25 ($0.03). Eurasia Mining shares last traded at GBX 2.16 ($0.03), with a volume of 3,827,124 shares.

Eurasia Mining Stock Performance

The business has a 50-day moving average price of GBX 2.22 and a 200-day moving average price of GBX 2.03. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of £62.92 million, a price-to-earnings ratio of -210.90 and a beta of 0.90.

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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