Anglesey Mining (LON:AYM) Reaches New 12-Month Low – What’s Next?

Anglesey Mining plc (LON:AYM) shares reached a new 52-week low on Monday . The company traded as low as GBX 0.20 and last traded at GBX 0.27, with a volume of 4652339 shares changing hands. The stock had previously closed at GBX 0.21.

Anglesey Mining Trading Up 27.4%

The company has a current ratio of 0.67, a quick ratio of 4.11 and a debt-to-equity ratio of 27.02. The business has a 50 day moving average of GBX 0.36 and a two-hundred day moving average of GBX 0.60. The firm has a market cap of £65,450.70, a P/E ratio of -2.70 and a beta of 2.23.

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

Anglesey Mining Company Profile

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.