Anglesey Mining (LON:AYM) Shares Down 6.7% – Here’s What Happened

Anglesey Mining plc (LON:AYM)’s stock price traded down 6.7% during mid-day trading on Tuesday . The company traded as low as GBX 4.55 and last traded at GBX 4.90. 363,111 shares were traded during trading, an increase of 54% from the average session volume of 236,275 shares. The stock had previously closed at GBX 5.25.

Anglesey Mining Stock Performance

The stock’s 50-day moving average is GBX 6.07 and its 200-day moving average is GBX 5.13. The company has a current ratio of 0.18, a quick ratio of 4.11 and a debt-to-equity ratio of 31.33. The stock has a market cap of £2.32 million, a price-to-earnings ratio of -4.79 and a beta of 1.26.

Anglesey Mining (LON:AYM) last announced its quarterly earnings results on Monday, December 22nd. The mining company reported GBX (1) earnings per share for the quarter.

Anglesey Mining Company Profile

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.