Anglo Asian Mining (LON:AAZ) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Anglo Asian Mining PLC (LON:AAZ)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 240.06 and traded as low as GBX 205. Anglo Asian Mining shares last traded at GBX 225.20, with a volume of 236,672 shares changing hands.

Anglo Asian Mining Price Performance

The company has a current ratio of 1.17, a quick ratio of 0.75 and a debt-to-equity ratio of 31.27. The business has a 50-day moving average of GBX 273.78 and a 200 day moving average of GBX 240.01. The firm has a market capitalization of £244.69 million, a PE ratio of -27.86 and a beta of 1.10.

Anglo Asian Mining Company Profile

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.