Anglo Asian Mining (LON:AAZ) Trading 14.2% Higher – Here’s What Happened

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s stock price rose 14.2% on Thursday . The company traded as high as GBX 394 and last traded at GBX 394. Approximately 614,567 shares traded hands during trading, an increase of 212% from the average session volume of 196,731 shares. The stock had previously closed at GBX 345.

Anglo Asian Mining Trading Down 1.0%

The business has a fifty day moving average of GBX 297.96 and a 200-day moving average of GBX 275.82. The company has a debt-to-equity ratio of 78.49, a quick ratio of 0.75 and a current ratio of 1.22. The company has a market capitalization of £445.93 million, a P/E ratio of 25.32 and a beta of 1.40.

Anglo Asian Mining Company Profile

(Get Free Report)

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.

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