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

Eurasia Mining Plc (LON:EUAGet Free Report)’s stock price was down 12.9% 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 changed 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 50-day moving average of GBX 4.15 and a two-hundred day moving average of GBX 2.81. The company has a quick ratio of 11.58, a current ratio of 2.80 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of £197.80 million, a price-to-earnings ratio of -472.61 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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