Anglesey Mining (LON:AYM) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Anglesey Mining plc (LON:AYMGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.53 and traded as high as GBX 0.71. Anglesey Mining shares last traded at GBX 0.60, with a volume of 1,295,445 shares trading hands.

Anglesey Mining Stock Performance

The company’s fifty day moving average price is GBX 0.60 and its two-hundred day moving average price is GBX 0.53. The company has a debt-to-equity ratio of 27.02, a quick ratio of 4.11 and a current ratio of 0.67. The firm has a market capitalization of £146,173.23, a PE ratio of -6.03 and a beta of 2.23.

Anglesey Mining (LON:AYMGet Free Report) last released its earnings results on Monday, December 22nd. The mining company reported GBX (0.10) earnings per share (EPS) for the quarter.

Anglesey Mining Company Profile

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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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