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

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 422.40 and last traded at GBX 420, with a volume of 122489 shares trading hands. The stock had previously closed at GBX 402.50.

Anglo Asian Mining Trading Up 4.3%

The company has a debt-to-equity ratio of 78.49, a current ratio of 1.22 and a quick ratio of 0.75. The stock has a market capitalization of £480.24 million, a P/E ratio of 27.27 and a beta of 1.40. The stock’s fifty day moving average price is GBX 318.89 and its 200 day moving average price is GBX 284.23.

About Anglo Asian Mining

(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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