Anglesey Mining (LON:AYM) Trading Up 11.1% – What’s Next?

Anglesey Mining plc (LON:AYM)’s stock price was up 11.1% on Friday . The company traded as high as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 202,018 shares traded hands during trading, a decline of 78% from the average daily volume of 920,253 shares. The stock had previously closed at GBX 0.45 ($0.01).

Anglesey Mining Stock Performance

The stock’s 50 day moving average price is GBX 0.45 and its 200 day moving average price is GBX 0.70. The company has a current ratio of 0.67, a quick ratio of 4.11 and a debt-to-equity ratio of 27.02. The firm has a market cap of £2.08 million, a PE ratio of -214.00 and a beta of 2.23.

Anglesey Mining (LON:AYM) last issued its quarterly earnings data on Wednesday, October 1st. The mining company reported GBX (0.10) earnings per share (EPS) for the quarter.

Anglesey Mining Company Profile

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.