Eurasia Mining (LON:EUA) Shares Cross Below 200 Day Moving Average – Time to Sell?

Eurasia Mining Plc (LON:EUA)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4 and traded as low as GBX 3.67. Eurasia Mining shares last traded at GBX 3.71, with a volume of 3,225,294 shares.

Eurasia Mining Stock Performance

The stock has a market cap of £109.38 million, a price-to-earnings ratio of -74.12 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.80 and a quick ratio of 11.58. The firm has a fifty day moving average of GBX 4.08 and a 200 day moving average of GBX 4.

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.