Anglesey Mining (LON:AYM) Trading Down 8.3% – Time to Sell?

Shares of Anglesey Mining plc (LON:AYM) traded down 8.3% on Friday . The stock traded as low as GBX 0.55 and last traded at GBX 0.55. 314,075 shares were traded during trading, a decline of 82% from the average session volume of 1,739,596 shares. The stock had previously closed at GBX 0.60.

Anglesey Mining Price Performance

The stock has a market capitalization of £133,325.50, a price-to-earnings ratio of -5.50 and a beta of 2.23. The company has a quick ratio of 4.11, a current ratio of 0.67 and a debt-to-equity ratio of 27.02. The stock has a fifty day moving average of GBX 0.53 and a 200-day moving average of GBX 0.54.

Anglesey Mining (LON:AYM) last issued its quarterly earnings data on Monday, December 22nd. 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.