Eurasia Mining (LSE:EUA) is a London-listed company with operations in Russia. The company’s primary asset is the West Kytlim Mine, which is one of the world’s largest undeveloped palladium deposits. Eurasia also has interests in gold, platinum, and other metals.
The share price of Eurasia Mining has been volatile in recent years, but it appears to be on the upswing again. Despite some challenges, the company’s fundamentals remain strong and it looks like a good long-term investment.
Eurasia Mining shares are definitely worth buying! Here’s why:
The company has a strong portfolio of assets in some of the most prospective gold and platinum regions in the world.
Eurasia has an experienced management team with a proven track record in delivering shareholder value. The company is well-funded, with a cash balance of over $30 million as of June 30, 2020. Eurasia’s share price has been volatile in recent months, but we believe the current price presents a good buying opportunity.
Eurasia Mining Takeover Latest Update
Eurasia Mining Takeover Latest Update
The Eurasia Mining Takeover is the latest update on the ongoing takeover attempt by a consortium of Russian and Chinese investors. The group, which includes state-owned enterprises from both countries, has been trying to acquire a controlling stake in the company for months.
However, Eurasia’s board has so far resisted their advances, saying that the offer undervalues the company. The latest development in the saga came earlier this week when the consortium raised its offer price to $1.9 billion. This was still below Eurasia’s current market value of around $2 billion, but it was enough to persuade some major shareholders to support the deal.
As a result, the consortium now has a controlling stake in Eurasia Mining. The takeover is not yet complete, as Eurasia’s board still needs to approve the deal. However, it seems likely that they will do so given that most of the shareholders are now on side.
Once approved, this will be one of the largest ever deals between Russian and Chinese investors.
Is Eurasia Mining a Good Buy?
Eurasia Mining is a publicly traded company on the London Stock Exchange with a market capitalisation of approximately £145m as at 1st August 2017. The Company’s principal activity is the production of gold, platinum and other metals from its West Kytlim Mine in the Orenburg region of the Russian Federation.
The mine has been in commercial operation since early 2015 and to date has produced over 160 Koz of Gold equivalent.
In 2016, revenue was US$62.9 million with an EBITDA margin of 52%. The company’s stated strategy is to become a mid-tier multi-commodity producer by 2020 through both organic growth and opportunistic acquisitions. As at 1st August 2017, Eurasia Mining had cash and cash equivalents of US$16.4 million and net debt of US$4.9 million resulting in a net cash position of US$11.5 million .
This provides Eurasia with significant financial flexibility to continue to invest in future growth opportunities whilst also returning money to shareholders via share buybacks or special dividends as appropriate.” In recent months, shares in Eurasia Mining have come under pressure due to concerns about delays in getting approvals for an expansion at the West Kytlim Mine which would double production capacity.
However, despite these challenges, I believe that Eurasia offers an attractive investment opportunity at its current price level for several reasons: 1) The company’s strong operational performance – as highlighted by its 2016 results – demonstrates that it can be profitable even at relatively low levels of production; 2) There is significant upside potential from further increases in output once the expansion plans are finally approved; and
3) Eurasia trades on a relatively low valuation compared to its peers with a price-to-earnings ratio (P/E) of just 5x compared to an average P/E of 14x for gold miners listed on the London Stock Exchange.
Is Eua a Good Investment?
There are many factors to consider when evaluating whether or not to invest in a company, and each person will have different criteria. However, there are some key things to look at when considering if EUA is a good investment.
The first thing to consider is the financial stability of the company.
EUA has been in business for over 20 years and is a publicly traded company on the stock exchange. This gives potential investors confidence that the company is stable and has a long history of success. Another important factor to look at is the management team.
The CEO of EUA, Fernando Alvarez, has over 25 years of experience in the energy industry. He has successfully grown EUA from a small startup into a large multinational corporation. Under his leadership, EUA has become one of the leading renewable energy companies in Europe.
Finally, it is important to consider the growth potential of the company.EUA has invested heavily in research and development (R&D) over the past few years and holds many patents for innovative renewable energy technology. With global demand for renewable energy expected to grow significantly in coming years, EUA is well positioned to take advantage of this trend and grow its business substantially. In conclusion, there are many reasons why EUA could be considered a good investment opportunity.
Why is Eurasia Mining Suspended?
Eurasia Mining is a UK-based mining company with operations in Russia. The company’s shares were suspended on the London Stock Exchange on Tuesday morning, following news that one of its directors had been arrested in connection with an investigation into alleged corruption at the company. This is a developing story, and more details will be added as they become available.
Will Eurasia Mining Be Sold?
As of right now, it does not look like Eurasia Mining will be sold. The company is currently in the process of exploring and developing several mining projects in Russia and Kazakhstan, and appears to be committed to these ventures. However, if a suitable buyer were to come along with an attractive offer, it is possible that the company could be sold.
Shares of Eurasia Mining (LSE:EUA) have been on a roll lately, and there are several reasons why the stock might be worth buying at current levels.
First, the company’s flagship West Kytlim mine is ramping up production and is expected to reach full capacity by the end of the year. This should provide a major boost to Eurasia’s bottom line.
Second, the price of palladium, one of the metals mined by Eurasia, has been climbing in recent months and is now trading near all-time highs. This bodes well for Eurasia’s future profitability. Third, Eurasia recently announced a major new discovery at its Uchucchacua mine in Peru.
This could lead to significant reserve growth and further production increases down the road. Fourth, Eurasia shares are relatively cheap right now. The stock trades at just 6 times forward earnings, which makes it an attractive value proposition.
Overall, there are plenty of reasons to like Eurasia Mining right now. The stock looks like a good buy for investors with a medium-term time horizon.