Eurasia Mining (LON:EUA) Hits New 52-Week Low – What’s Next?

Eurasia Mining Plc (LON:EUA) reached a new 52-week low during trading on Wednesday. The stock traded as low as GBX 1.90 and last traded at GBX 2, with a volume of 4297819 shares traded. The stock had previously closed at GBX 2.05.

Eurasia Mining Stock Down 2.4%

The firm’s 50 day simple moving average is GBX 2.30 and its 200 day simple moving average is GBX 2.57. The company has a market cap of £59.03 million, a price-to-earnings ratio of 13.33 and a beta of 0.48. The company has a quick ratio of 11.58, a current ratio of 4.61 and a debt-to-equity ratio of 3.44.

Eurasia Mining (LON:EUA) last issued its quarterly earnings data on Wednesday, September 30th. The mining company reported GBX 0.01 earnings per share (EPS) for the quarter. Eurasia Mining had a return on equity of 19.91% and a net margin of 82.10%. Sell-side analysts anticipate that Eurasia Mining Plc will post 13.0005669 EPS for the current fiscal year.

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.