Aminex (LON:AEX) Trading 13% Higher – Here’s Why

Aminex PLC (LON:AEXGet Free Report) traded up 13% during mid-day trading on Friday . The company traded as high as GBX 1.40 and last traded at GBX 1.30. 5,425,967 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 4,483,433 shares. The stock had previously closed at GBX 1.15.

Aminex Stock Performance

The stock has a market cap of £58.18 million, a price-to-earnings ratio of -10.83 and a beta of -0.03. The company has a 50 day moving average of GBX 1.98 and a 200-day moving average of GBX 2.16.

About Aminex

(Get Free Report)

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania. Aminex PLC was incorporated in 1979 and is based in Dublin, Ireland.

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