Anglo Asian Mining (LON:AAZ) Reaches New 1-Year High – Here’s Why

Anglo Asian Mining PLC (LON:AAZ)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 125 ($1.63) and last traded at GBX 116.25 ($1.51), with a volume of 35405 shares traded. The stock had previously closed at GBX 125 ($1.63).

Anglo Asian Mining Stock Down 7.0 %

The company has a debt-to-equity ratio of 27.36, a current ratio of 2.54 and a quick ratio of 0.75. The firm has a market capitalization of £155.39 million, a P/E ratio of -5.30 and a beta of 1.31. The business has a 50 day moving average price of GBX 112.87 and a 200 day moving average price of GBX 105.07.

Anglo Asian Mining Company Profile

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.