Anglo Asian Mining (LON:AAZ) Hits New 12-Month High – Here’s What Happened

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 340 and last traded at GBX 330, with a volume of 247906 shares changing hands. The stock had previously closed at GBX 322.50.

Anglo Asian Mining Stock Up 9.1%

The firm’s 50-day moving average price is GBX 257.23 and its 200 day moving average price is GBX 260.19. The company has a market capitalization of £411.63 million, a price-to-earnings ratio of -46.88 and a beta of 1.35. The company has a current ratio of 1.17, a quick ratio of 0.75 and a debt-to-equity ratio of 31.27.

Anglo Asian Mining Company Profile

(Get Free Report)

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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