Anglo Asian Mining (LON:AAZ) Hits New 52-Week High – Here’s Why

Shares of Anglo Asian Mining PLC (LON:AAZGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 125 ($1.62) and last traded at GBX 117.50 ($1.52), with a volume of 49121 shares traded. The stock had previously closed at GBX 120 ($1.55).

Anglo Asian Mining Price Performance

The company has a market cap of £157.06 million, a PE ratio of -5.35 and a beta of 1.31. The company has a debt-to-equity ratio of 27.36, a quick ratio of 0.75 and a current ratio of 2.54. The stock has a 50 day moving average of GBX 111.93 and a 200-day moving average of GBX 104.16.

About Anglo Asian Mining

(Get Free Report)

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.

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