Anglesey Mining (LON:AYM) Stock Price Down 2% – Time to Sell?

Anglesey Mining plc (LON:AYM)’s stock price fell 2% during trading on Wednesday . The company traded as low as GBX 0.65 and last traded at GBX 0.75. 194,334 shares traded hands during trading, a decline of 90% from the average session volume of 1,995,270 shares. The stock had previously closed at GBX 0.76.

Anglesey Mining Price Performance

The stock has a market cap of £193,928.00, a price-to-earnings ratio of -8.00 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 company’s 50-day moving average is GBX 0.66 and its 200-day moving average is GBX 0.52.

Anglesey Mining (LON:AYM) last released its quarterly earnings data on Monday, December 22nd. The mining company reported GBX (0.10) earnings per share for the quarter.

Anglesey Mining Company Profile

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.