Anglo Asian Mining (LON:AAZ) Hits New 52-Week High – Time to Buy?

Anglo Asian Mining PLC (LON:AAZGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 305 and last traded at GBX 290, with a volume of 236109 shares. The stock had previously closed at GBX 295.

Anglo Asian Mining Stock Performance

The firm has a market cap of £331.59 million, a price-to-earnings ratio of -37.76 and a beta of 1.31. The stock’s fifty day moving average is GBX 245.72 and its two-hundred day moving average is GBX 206.57. The company has a debt-to-equity ratio of 27.36, a quick ratio of 0.75 and a current ratio of 2.54.

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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