Anglo Asian Mining (LON:AAZ) Sets New 52-Week High – Should You Buy?

Anglo Asian Mining PLC (LON:AAZGet Free Report) hit a new 52-week high during 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. The stock had previously closed at GBX 120 ($1.55).

Anglo Asian Mining Stock Down 2.1 %

The business has a fifty day moving average price of GBX 111.65 and a two-hundred day moving average price of GBX 104.06. The company has a current ratio of 2.54, a quick ratio of 0.75 and a debt-to-equity ratio of 27.36. The company has a market cap of £157.06 million, a price-to-earnings ratio of -5.35 and a beta of 1.31.

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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