Eurasia Mining (LON:EUA) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Eurasia Mining Plc (LON:EUA) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 2.15 ($0.03) and traded as high as GBX 2.24 ($0.03). Eurasia Mining shares last traded at GBX 2.19 ($0.03), with a volume of 3,718,722 shares changing hands.

Eurasia Mining Stock Performance

The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 1.02. The company has a market cap of £60.06 million, a P/E ratio of -210.90 and a beta of 0.90. The company has a 50 day moving average price of GBX 2.15 and a 200-day moving average price of GBX 2.16.

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.