Anglesey Mining (LON:AYM) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Anglesey Mining plc (LON:AYM)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.70 ($0.01) and traded as low as GBX 0.40 ($0.01). Anglesey Mining shares last traded at GBX 0.42 ($0.01), with a volume of 481,630 shares.

Anglesey Mining Stock Down 6.9%

The firm has a market cap of £2.03 million, a PE ratio of -209.50 and a beta of 2.23. The company has a debt-to-equity ratio of 27.02, a quick ratio of 4.11 and a current ratio of 0.67. The firm’s 50-day moving average price is GBX 0.47 and its two-hundred day moving average price is GBX 0.70.

Anglesey Mining (LON:AYM) last issued its quarterly earnings data on Wednesday, October 1st. The mining company reported GBX (0.10) earnings per share for the quarter.

About Anglesey Mining

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.