Anglesey Mining (LON:AYM) Shares Down 14.3% – Time to Sell?

Anglesey Mining plc (LON:AYMGet Free Report) shares were down 14.3% on Wednesday . The company traded as low as GBX 4.50 and last traded at GBX 4.50. Approximately 89,770 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 198,373 shares. The stock had previously closed at GBX 5.25.

Anglesey Mining Stock Performance

The firm’s fifty day simple moving average is GBX 6.52 and its 200 day simple moving average is GBX 5.14. The company has a market capitalization of £1.15 million, a price-to-earnings ratio of -47.30 and a beta of 2.23. The company has a debt-to-equity ratio of 27.02, a current ratio of 0.67 and a quick ratio of 4.11.

Anglesey Mining (LON:AYMGet Free Report) last issued its earnings results on Monday, December 22nd. The mining company reported GBX (1) EPS for the quarter.

Anglesey Mining Company Profile

(Get Free Report)

Anglesey Mining plc is a UK company engaged in the development of owned and managed mining projects.

Parys Mountain: 100% ownership of the Parys Mountain underground copper-zinc-lead-silver-gold deposit in North Wales, UK where an independent Preliminary Economic Assessment dated January 2021 included a financial model for a 3,000 tpd mining operation with a pre-tax NPV10% of US$120 million, (£96 million), 26% IRR and 12-year mine life.

Grängesberg: 49.75% interest in the Grängesberg iron ore project in Sweden where Anglesey has management rights.

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