Anglo Asian Mining (LON:AAZ) Hits New 1-Year High – Should You Buy?

by · The Cerbat Gem

Anglo Asian Mining PLC (LON:AAZ – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 260 and last traded at GBX 250, with a volume of 145879 shares trading hands. The stock had previously closed at GBX 247.50.

Anglo Asian Mining Trading Up 1.0%

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 company has a market cap of £285.86 million, a price-to-earnings ratio of -32.55 and a beta of 1.31. The business’s fifty day moving average price is GBX 211.24 and its 200 day moving average price is GBX 188.61.

Anglo Asian Mining Company Profile

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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.

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