Anglo Asian Mining (LON:AAZ) Sets New 1-Year High – Time to Buy?

Shares of Anglo Asian Mining PLC (LON:AAZGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 285 and last traded at GBX 277.50, with a volume of 185220 shares. The stock had previously closed at GBX 270.

Anglo Asian Mining Stock Performance

The firm has a fifty day simple moving average of GBX 235.30 and a 200-day simple moving average of GBX 201.57. The company has a quick ratio of 0.75, a current ratio of 2.54 and a debt-to-equity ratio of 27.36. The company has a market cap of £317.30 million, a PE ratio of -36.13 and a beta of 1.31.

Anglo Asian Mining Company Profile

(Get Free Report)

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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