The Eurasia Mining (LON: EUA) share price opened 19 percent lower today after EUA issued a ‘speeding ticket’ following its recent strong surge in share price.
As shares opened at around 30p, they soon climbed upwards to 34p following the share price movement statement from EUA that noted:
“Eurasia Mining plc notes the recent significant rise in the Company’s share price.
There have been no new developments requiring formal notification beyond those included in the Company’s announcement of interim results on 30 September 2020.”
Eurasia Mining’s market capitalization is currently around £950m and its share price down 7% at the time of writing – rebounding from today’s low point this morning as investors saw the dip as a buying opportunity.