Anglesey Mining (LON:AYM) Reaches New 1-Year High – Here’s Why

Anglesey Mining plc (LON:AYM)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 1.20 and last traded at GBX 0.90, with a volume of 42527836 shares. The stock had previously closed at GBX 1.

Anglesey Mining Trading Down 10.0%

The firm’s 50 day simple moving average is GBX 0.36 and its two-hundred day simple moving average is GBX 0.57. The stock has a market capitalization of £218,169.00, a P/E ratio of -9.00 and a beta of 2.23. The company has a quick ratio of 4.11, a current ratio of 0.67 and a debt-to-equity ratio of 27.02.

Anglesey Mining (LON:AYM) last issued its earnings results on Wednesday, October 1st. The mining company reported GBX (0.10) EPS for the quarter.

Anglesey Mining Company Profile

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.