Anglesey Mining (LON:AYM) Sets New 12-Month Low – Should You Sell?

Shares of Anglesey Mining plc (LON:AYM) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 0.20 and last traded at GBX 0.27, with a volume of 4652339 shares changing hands. The stock had previously closed at GBX 0.21.

Anglesey Mining Stock Performance

The firm’s fifty day simple moving average is GBX 0.36 and its 200 day simple moving average is GBX 0.59. The stock has a market capitalization of £56,966.35, a P/E ratio of -2.35 and a beta of 2.23. The company has a debt-to-equity ratio of 27.02, a quick ratio of 4.11 and a current ratio of 0.67.

Anglesey Mining (LON:AYM) last issued its quarterly earnings results on Wednesday, October 1st. The mining company reported GBX (0.10) earnings per share for the quarter.

About Anglesey Mining

Anglesey Mining plc is a UK company engaged in the development of owned and managed mining projects.

Parys Mountain: 100% ownership of the Parys Mountain underground copper-zinc-lead-silver-gold deposit in North Wales, UK where an independent Preliminary Economic Assessment dated January 2021 included a financial model for a 3,000 tpd mining operation with a pre-tax NPV10% of US$120 million, (£96 million), 26% IRR and 12-year mine life.

Grängesberg: 49.75% interest in the Grängesberg iron ore project in Sweden where Anglesey has management rights.