Anglesey Mining (LON:AYM) Stock Passes Below 200 Day Moving Average – What’s Next?

Shares of Anglesey Mining plc (LON:AYMGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 5.42 and traded as low as GBX 5. Anglesey Mining shares last traded at GBX 5, with a volume of 241,612 shares traded.

Anglesey Mining Trading Down 4.8%

The company has a 50 day moving average of GBX 4.56 and a two-hundred day moving average of GBX 5.45. The company has a debt-to-equity ratio of 31.33, a quick ratio of 4.11 and a current ratio of 0.18. The stock has a market capitalization of £2.92 million, a PE ratio of -4.50 and a beta of 1.46.

About Anglesey Mining

(Get Free Report)

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.

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