Eurasia Mining (EUA)

Sector:

Mining

Index:

FTSE AIM All-Share

2.23p
   
  • Change Today:
      0.025p
  • 52 Week High: 3.80
  • 52 Week Low: 1.35
  • Currency: UK Pounds
  • Shares Issued: 2,864.56m
  • Volume: 4,082,190
  • Market Cap: £63.74m
  • RiskGrade: 767

Eurasia Mining says sanctions will have 'no impact' on operations

By Josh White

Date: Friday 25 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Russian palladium, platinum, rhodium, iridium and gold producer Eurasia Mining responded to the latest sanctions on Russia from the UK, the EU and the US on Friday, issuing a statement in a bid to reassure shareholders.
The AIM-traded firm said there was no impact on its operations or activities, adding that no individual or entity identified in the sanctions was associated with the company "in any way".

Eurasia said it had no bank accounts with Russian state-owned banks, or any relationship with Russian state-owned banks.

"Eurasia's production from the operating mines is sold in the domestic market at prices with a market discount to the London Metal Exchange prices fixed in dollars, while the costs are mainly fixed in roubles, whereby a weakening rouble exchange rate has a positive impact on the bottom line of the company," the board said in its statement.

"The sanctions do not prevent the company from executing on its strategy as announced."

At 1233 GMT, shares in Eurasia Mining were up 48.49% at 12.77p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Eurasia Mining Market Data

Currency UK Pounds
Share Price 2.23p
Change Today 0.025p
% Change 1.14 %
52 Week High 3.80
52 Week Low 1.35
Volume 4,082,190
Shares Issued 2,864.56m
Market Cap £63.74m
RiskGrade 767

Eurasia Mining Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.16% below the market average34.16% below the market average34.16% below the market average34.16% below the market average34.16% below the market average
31.75% below the sector average31.75% below the sector average31.75% below the sector average31.75% below the sector average31.75% below the sector average
Price Trend
16.12% below the market average16.12% below the market average16.12% below the market average16.12% below the market average16.12% below the market average
16.79% above the sector average16.79% above the sector average16.79% above the sector average16.79% above the sector average16.79% above the sector average
Income Not Available
Growth
68.84% above the market average68.84% above the market average68.84% above the market average68.84% above the market average68.84% above the market average
79.66% above the sector average79.66% above the sector average79.66% above the sector average79.66% above the sector average79.66% above the sector average

Eurasia Mining Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:08 3,260 @ 2.27p
15:53 60,255 @ 2.27p
15:50 16,000 @ 2.27p
15:47 250,000 @ 2.22p
15:40 43,526 @ 2.27p

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