Aminex (LON:AEX) Shares Up 13% – Still a Buy?

Aminex PLC (LON:AEXGet Free Report)’s share price was up 13% during mid-day trading on Friday . The stock traded as high as GBX 1.40 and last traded at GBX 1.30. Approximately 5,425,967 shares changed hands during trading, an increase of 21% from the average session volume of 4,483,433 shares. The stock had previously closed at GBX 1.15.

Aminex Trading Up 13.0%

The firm’s fifty day simple moving average is GBX 1.98 and its two-hundred day simple moving average is GBX 2.16. The company has a market capitalization of £58.18 million, a price-to-earnings ratio of -10.83 and a beta of -0.03.

About Aminex

(Get Free Report)

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania. Aminex PLC was incorporated in 1979 and is based in Dublin, Ireland.

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