Anglo Asian Mining (LON:AAZ) Stock Price Up 14.3% – Time to Buy?

Anglo Asian Mining PLC (LON:AAZ)’s stock price rose 14.3% during mid-day trading on Thursday . The company traded as high as GBX 240 and last traded at GBX 220. Approximately 171,897 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 102,078 shares. The stock had previously closed at GBX 192.50.

Anglo Asian Mining Stock Performance

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 50 day simple moving average of GBX 200.44 and a 200-day simple moving average of GBX 177.33. The stock has a market capitalization of £262.24 million, a P/E ratio of -29.86 and a beta of 1.31.

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.