Eurasia Mining (LON:EUA) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Eurasia Mining Plc (LON:EUA)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.93 and traded as low as GBX 3.50. Eurasia Mining shares last traded at GBX 3.60, with a volume of 2,260,321 shares traded.

Eurasia Mining Price Performance

The stock has a market cap of £105.40 million, a P/E ratio of -71.42 and a beta of 0.90. The company has a 50 day simple moving average of GBX 3.90 and a 200 day simple moving average of GBX 3.93. The company has a current ratio of 2.80, a quick ratio of 11.58 and a debt-to-equity ratio of 0.81.

About Eurasia Mining

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. It also holds interest in the Nittis-Kumuzhya-Travyanaya project in Russia. The company was incorporated in 1995 and is headquartered in London, the United Kingdom.