Anglo Asian Mining Plc (LON:AAZ) had its price objective increased by investment analysts at SP Angel from GBX 21 ($0.26) to GBX 25 ($0.31) in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock. SP Angel’s price target indicates a potential upside of 19.05% from the company’s previous close.

Anglo Asian Mining Plc (LON:AAZ) opened at 19.92 on Thursday. The company’s market cap is GBX 22.44 million. Anglo Asian Mining Plc has a 52 week low of GBX 3.77 and a 52 week high of GBX 21.88. The company has a 50-day moving average of GBX 16.37 and a 200-day moving average of GBX 13.60.

About Anglo Asian Mining Plc

Anglo Asian Mining PLC is a United Kingdom based holding company. The Company is a provider of support and management services to its operating subsidiary R.V. Investment Group Services LLC (RVIG). The Company together with its subsidiaries is involved in the exploration and development of gold and copper projects in the Republic of Azerbaijan and the operation of the Flagship project Gedabek gold/copper mine in the Republic of Azerbaijan, located in 300 square kilometers produced 52,068 ounces of gold.

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