Anglo Asian Mining (LON:AAZ) Hits New 52-Week High – Time to Buy?

Shares of Anglo Asian Mining PLC (LON:AAZGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 270 and last traded at GBX 265, with a volume of 136956 shares. The stock had previously closed at GBX 261.

Anglo Asian Mining Stock Up 1.5%

The company has a current ratio of 2.54, a quick ratio of 0.75 and a debt-to-equity ratio of 27.36. The business’s fifty day moving average price is GBX 217.98 and its two-hundred day moving average price is GBX 192.98. The firm has a market cap of £303.01 million, a P/E ratio of -34.51 and a beta of 1.31.

Anglo Asian Mining Company Profile

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Anglo Asian Mining PLC is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan.

With more than 20 years of successful operations in Azerbaijan, the company has discovered & developed six producing mines (2 open pit, 4 underground) and maintains a strong portfolio of high-quality production and development assets across eight contract areas, spanning 2,544 square kilometers in western Azerbaijan. These assets include multi-billion-dollar in-situ resources, with over 400,000 ounces of gold and one million tonnes of copper, according to JORC standards.

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