Anglesey Mining (LON:AYM) Trading 15.4% Higher – Time to Buy?

Anglesey Mining plc (LON:AYMGet Free Report) shares traded up 15.4% on Monday . The company traded as high as GBX 4.80 and last traded at GBX 4.80. 1,670,224 shares changed hands during trading, an increase of 611% from the average session volume of 234,911 shares. The stock had previously closed at GBX 4.16.

Anglesey Mining Stock Performance

The stock’s 50 day moving average price is GBX 4.56 and its two-hundred day moving average price is GBX 5.33. The firm has a market capitalization of £3.09 million, a PE ratio of -4.76 and a beta of 1.46. The company has a current ratio of 0.18, a quick ratio of 4.11 and a debt-to-equity ratio of 31.33.

About Anglesey Mining

(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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