Anglo Asian Mining (LON:AAZ) Sets New 12-Month High – Time to Buy?

Anglo Asian Mining PLC (LON:AAZGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 422.40 and last traded at GBX 420, with a volume of 122489 shares trading hands. The stock had previously closed at GBX 402.50.

Anglo Asian Mining Stock Down 0.4%

The company has a debt-to-equity ratio of 78.49, a quick ratio of 0.75 and a current ratio of 1.22. The company’s fifty day moving average price is GBX 326.07 and its 200-day moving average price is GBX 286.90. The stock has a market cap of £483.79 million, a P/E ratio of 27.47 and a beta of 1.40.

About Anglo Asian Mining

(Get Free Report)

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.

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