Anglo Asian Mining (LON:AAZ) Sets New 1-Year High – What’s Next?

Anglo Asian Mining PLC (LON:AAZ)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 140 ($1.83) and last traded at GBX 133 ($1.74), with a volume of 38912 shares. The stock had previously closed at GBX 125 ($1.64).

Anglo Asian Mining Stock Down 6.7 %

The stock has a market cap of £167.09 million, a PE ratio of -5.69 and a beta of 1.31. The company has a debt-to-equity ratio of 27.36, a current ratio of 2.54 and a quick ratio of 0.75. The company has a 50 day moving average price of GBX 116.45 and a two-hundred day moving average price of GBX 108.15.

Anglo Asian Mining Company Profile

Anglo Asian Mining PLC (AIM: AAZ) is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan. It also has a very active exploration programme.

Anglo Asian is expanding internationally and made its first investment outside of Azerbaijan with the acquisition of a strategic interest in Libero Copper & Gold Corporation in late 2021.

The Company is profitable, debt free and pays regular dividends to its shareholders.