Anglesey Mining (LON:AYM) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Anglesey Mining plc (LON:AYM)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5.11 and traded as high as GBX 5.50. Anglesey Mining shares last traded at GBX 5.29, with a volume of 616,025 shares.

Anglesey Mining Stock Down 3.0%

The company has a market capitalization of £2.56 million, a P/E ratio of -5.29 and a beta of 1.26. The company has a debt-to-equity ratio of 31.33, a current ratio of 0.18 and a quick ratio of 4.11. The company has a 50 day moving average of GBX 6.19 and a 200-day moving average of GBX 5.11.

Anglesey Mining (LON:AYM) last released its quarterly earnings results on Monday, December 22nd. The mining company reported GBX (1) 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.