Anglo Asian Mining (LON:AAZ) Shares Pass Below 200-Day Moving Average of $89.69

Anglo Asian Mining PLC (LON:AAZGet Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 89.69 ($1.08) and traded as low as GBX 74.05 ($0.89). Anglo Asian Mining shares last traded at GBX 76 ($0.92), with a volume of 11,782 shares.

Anglo Asian Mining Price Performance

The firm has a market capitalization of ¬£86.86 million and a P/E ratio of 1,266.67. The company has a debt-to-equity ratio of 2.58, a current ratio of 3.08 and a quick ratio of 0.75. The stock’s fifty day simple moving average is GBX 82.59 and its 200 day simple moving average is GBX 89.69.

Anglo Asian Mining Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, November 3rd. Shareholders of record on Thursday, September 29th will be issued a $0.04 dividend. The ex-dividend date is Thursday, September 29th. This is an increase from Anglo Asian Mining’s previous dividend of $0.04. This represents a yield of 4.81%. Anglo Asian Mining’s payout ratio is currently 133.48%.

About Anglo Asian Mining

(Get Rating)

Anglo Asian Mining PLC, together with its subsidiaries, engages in the exploration and production of gold, copper, silver, and precious metal properties in Azerbaijan. The company has a 2,500 square kilometers portfolio of gold, silver, and copper properties in western Azerbaijan. Its principal property is the Gedabek mine located in Azerbaijan.

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