Anglo Asian Mining (LON:AAZ) Reaches New 52-Week High – Here’s What Happened

Shares of Anglo Asian Mining PLC (LON:AAZ) hit a new 52-week high on Tuesday . The company traded as high as GBX 362 and last traded at GBX 349, with a volume of 286715 shares traded. The stock had previously closed at GBX 360.

Anglo Asian Mining Price Performance

The firm has a market cap of £401.05 million, a P/E ratio of -45.67 and a beta of 1.35. The company has a current ratio of 1.22, a quick ratio of 0.75 and a debt-to-equity ratio of 78.49. The business has a 50-day moving average of GBX 268.85 and a two-hundred day moving average of GBX 264.42.

Anglo Asian Mining Company Profile

Anglo Asian Mining PLC is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan.

With more than 20 years of successful operations in Azerbaijan, the company has discovered & developed six producing mines (2 open pit, 4 underground) and maintains a strong portfolio of high-quality production and development assets across eight contract areas, spanning 2,544 square kilometers in western Azerbaijan. These assets include multi-billion-dollar in-situ resources, with over 400,000 ounces of gold and one million tonnes of copper, according to JORC standards.