Anglo Asian Mining (LON:AAZ) Trading Down 18.3% - Here's Why

Anglo Asian Mining PLC (LON:AAZ - Get Free Report) was down 18.3% on Monday . The stock traded as low as GBX 93 ($1.22) and last traded at GBX 98 ($1.28). Approximately 92,439 shares changed hands during trading, an increase of 26% from the average daily volume of 73,121 shares. The stock had previously closed at GBX 120 ($1.57).

Anglo Asian Mining Stock Up 2.3 %

The business has a 50-day simple moving average of GBX 117.74 and a 200-day simple moving average of GBX 109.60. The company has a debt-to-equity ratio of 27.36, a quick ratio of 0.75 and a current ratio of 2.54. The company has a market cap of £164.08 million, a price-to-earnings ratio of -5.59 and a beta of 1.31.

About Anglo Asian Mining

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.