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IN BRIEF: Eurasia Mining Loss Narrows In 2019 On Reduced Expenses

1st Jul 2020 14:45

Eurasia Mining PLC - AIM-listed miner - Reports narrowed pretax loss of GBP796,268 for 2019 compared to GBP3.2 million the year before, despite sales falling to GBP1.1 million from GBP2.6 million. The company's administrative costs were reduced to GBP1.4 million from GBP1.6 million, while it recorded none of the finance costs versus GBP623,779 a year ago. Eurasia Mining says it has been working hard to establish the value of its projects to ensure that it will achieve value for all of its stakeholders.

Current stock price: 7.2 pence on February 11; 3.70p on January 2

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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