Anglo Asian Mining (LON:AAZ) Hits New 1-Year High – Here’s Why

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 140 ($1.81) and last traded at GBX 133 ($1.72), with a volume of 38912 shares trading hands. The stock had previously closed at GBX 125 ($1.61).

Anglo Asian Mining Price Performance

The stock’s 50 day moving average price is GBX 115.32 and its two-hundred day moving average price is GBX 107.48. The company has a debt-to-equity ratio of 27.36, a current ratio of 2.54 and a quick ratio of 0.75. The firm has a market capitalization of £177.78 million, a price-to-earnings ratio of -6.06 and a beta of 1.31.

Anglo Asian Mining Company Profile

(Get Free Report)

Anglo Asian Mining PLC (AIM: AAZ) is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan. It also has a very active exploration programme.

Anglo Asian is expanding internationally and made its first investment outside of Azerbaijan with the acquisition of a strategic interest in Libero Copper & Gold Corporation in late 2021.

The Company is profitable, debt free and pays regular dividends to its shareholders.

Further Reading

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