Anglo Asian Mining (LON:AAZ) Shares Up 14.1% – Here’s What Happened

Anglo Asian Mining PLC (LON:AAZ) was up 14.1% during trading on Monday . The company traded as high as GBX 420 and last traded at GBX 420. Approximately 162,795 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 165,811 shares. The stock had previously closed at GBX 368.

Anglo Asian Mining Stock Up 14.1%

The stock has a market capitalization of £481.41 million, a price-to-earnings ratio of 27.27 and a beta of 1.39. The business’s 50-day moving average is GBX 407.37 and its two-hundred day moving average is GBX 335.42. The company has a quick ratio of 0.75, a current ratio of 1.22 and a debt-to-equity ratio of 78.49.

About Anglo Asian Mining

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.