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Pin to quick picksEurasia Mining Share News (EUA)

Share Price Information for Eurasia Mining (EUA)

London Stock Exchange
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Share Price: 1.50
Bid: 1.45
Ask: 1.55
Change: -0.10 (-6.90%)
Spread: 0.10 (6.897%)
Open: 1.45
High: 1.35
Low: 1.35
Prev. Close: 1.45
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Eurasia Mining shares soar as dividend policy offers more transparency

Thu, 06th Jan 2022 15:20

(Alliance News) - Eurasia Mining PLC has announced it has adopted a dividend policy, after requests from shareholders.

The Russia-focused mining company hopes the policy will provide a higher degree of transparency to shareholders and other interested parties into how dividends are calculated. The board has said the target dividend amount will be 80% of Eurasia's adjusted net income.

Eurasia's stock price rose 12% to 25.15 pence on Thursday afternoon in London.

Christian Schaffalitzky, executive chairman of Eurasia said: "The directors are pleased to approve the company's dividend policy targeted at better governance and transparency, while we are implementing our strategy as announced".

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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