Eurasia Mining (LON:EUA) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Eurasia Mining Plc (LON:EUAGet Free Report) shares 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 traded.

Eurasia Mining Stock Down 2.3 %

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

Eurasia Mining Company Profile

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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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