Anglesey Mining (LON:AYM) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Anglesey Mining plc (LON:AYM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.53 and traded as high as GBX 0.71. Anglesey Mining shares last traded at GBX 0.60, with a volume of 1,295,445 shares.

Anglesey Mining Stock Performance

The company has a 50-day simple moving average of GBX 0.60 and a two-hundred day simple moving average of GBX 0.53. The firm has a market cap of £146,173.23, a PE ratio of -6.03 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.

Anglesey Mining (LON:AYM) last announced its earnings results on Monday, December 22nd. The mining company reported GBX (0.10) EPS 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.