Anglo Asian Mining (LON:AAZ) Reaches New 12-Month High - Still a Buy?

Anglo Asian Mining PLC (LON:AAZ - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 125 ($1.61) and last traded at GBX 116.25 ($1.50), with a volume of 35405 shares traded. The stock had previously closed at GBX 125 ($1.61).

Anglo Asian Mining Price Performance

The company has a current ratio of 2.54, a quick ratio of 0.75 and a debt-to-equity ratio of 27.36. The company has a market capitalization of £167.09 million, a price-to-earnings ratio of -5.69 and a beta of 1.31. The company's 50 day simple moving average is GBX 113.26 and its 200-day simple moving average is GBX 105.60.

Anglo Asian Mining Company Profile

Anglo Asian Mining PLC AIM: AAZ is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan. It also has a very active exploration programme. Anglo Asian is expanding internationally and made its first investment outside of Azerbaijan with the acquisition of a strategic interest in Libero Copper & Gold Corporation in late 2021. The Company is profitable, debt free and pays regular dividends to its shareholders.