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

Anglo Asian Mining PLC (LON:AAZ) reached a new 52-week high on Wednesday . The stock traded as high as GBX 280 and last traded at GBX 275.45, with a volume of 190415 shares. The stock had previously closed at GBX 275.

Anglo Asian Mining Trading Up 0.2%

The firm has a 50-day moving average of GBX 220.90 and a two-hundred day moving average of GBX 194.72. The firm has a market capitalization of £314.96 million, a P/E ratio of -35.87 and a beta of 1.31. The company has a current ratio of 2.54, a quick ratio of 0.75 and a debt-to-equity ratio of 27.36.

Anglo Asian Mining Company Profile

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. These assets include multi-billion-dollar in-situ resources, with over 400,000 ounces of gold and one million tonnes of copper, according to JORC standards.