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Eurasia Mining ( (GB:EUA) ) has shared an update.
Eurasia Mining Plc has released its audited financial results for 2024, highlighting a strategic focus on exiting Russia by selling its assets, including West Kytlim and Monchetundra. The company secured $4 million in financing to support operations for 24 months and is pursuing a secondary listing in Kazakhstan to enhance share marketability. Despite geopolitical challenges, Eurasia is optimistic about potential developments in the Russian Arctic and remains committed to its sustainability goals. The company successfully resolved legal disputes and continues to monitor sanctions, ensuring compliance while exploring asset sales to strategic investors.
More about Eurasia Mining
Eurasia Mining Plc is a UK-based company specializing in battery metals, platinum group metals (PGM), and green hydrogen, with a focus on environmental sustainability. The company’s flagship assets are located in the Central Kola Peninsula, primarily involving nickel, copper, and PGM projects. Eurasia is listed on the AIM market of the London Stock Exchange and is committed to creating value by advancing projects from exploration to mining.
Average Trading Volume: 9,489,990
Technical Sentiment Signal: Buy
Current Market Cap: £137.2M
Learn more about EUA stock on TipRanks’ Stock Analysis page.