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

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 135 ($1.75) and last traded at GBX 125 ($1.62), with a volume of 121384 shares. The stock had previously closed at GBX 129.50 ($1.68).

Anglo Asian Mining Price Performance

The company has a quick ratio of 0.75, a current ratio of 2.54 and a debt-to-equity ratio of 27.36. The business has a 50-day simple moving average of GBX 114.52 and a two-hundred day simple moving average of GBX 106.86. The stock has a market capitalization of £171.10 million, a price-to-earnings ratio of -5.83 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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