Anglo Asian Mining (LON:AAZ) Sets New 52-Week High – Here’s Why

Anglo Asian Mining PLC (LON:AAZGet Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 220 and last traded at GBX 207.50, with a volume of 168143 shares traded. The stock had previously closed at GBX 215.

Anglo Asian Mining Price Performance

The stock has a market capitalization of £237.26 million, a price-to-earnings ratio of -27.02 and a beta of 1.31. 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 company has a 50-day simple moving average of GBX 195.13 and a two-hundred day simple moving average of GBX 168.68.

About Anglo Asian Mining

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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.

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