Anglo Asian Mining PLC (LON:AAZ – Get Free Report) dropped 7.8% on Friday . The company traded as low as GBX 237 and last traded at GBX 243.45. Approximately 194,548 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 180,528 shares. The stock had previously closed at GBX 264.
Anglo Asian Mining Trading Down 5.5%
The business’s 50-day moving average price is GBX 288.49 and its 200-day moving average price is GBX 235.26. The firm has a market capitalization of £285.17 million, a PE ratio of -32.47 and a beta of 1.10. The company has a debt-to-equity ratio of 31.27, a current ratio of 1.17 and a quick ratio of 0.75.
About Anglo Asian Mining
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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