Griffin Mining (LON:GFM) Hits New 12-Month High – Here’s What Happened

Griffin Mining Limited (LON:GFM)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 320 and last traded at GBX 320, with a volume of 46768 shares. The stock had previously closed at GBX 312.

Griffin Mining Stock Down 1.2%

The company has a quick ratio of 0.98, a current ratio of 1.76 and a debt-to-equity ratio of 0.25. The stock has a 50-day simple moving average of GBX 270.56 and a 200-day simple moving average of GBX 218.61. The firm has a market capitalization of £580.98 million, a PE ratio of 67.14 and a beta of 0.76.

About Griffin Mining

Griffin Mining Limited (“Griffin” or “the Company”) is a mining and investment company, incorporated in Bermuda in 1988 whose shares were admitted to trading on the Alternative Investment Market of the London Stock Exchange (“AIM”) in 1997.
The major asset of the Company is an 88.8% interest in Hebei Hua Ao Mining Industry Company Limited (“Hebei Hua Ao”) through its wholly-owned Hong Kong subsidiary, China Zinc Limited (“China Zinc”), which holds licences, the operating mine and processing facilities (the “Caijiaying Mine”) near Zhangjiakou City in the People’s Republic of China (“PRC” or “China”).