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Anglo Asian Mining (LON:AAZ) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Anglo Asian Mining logo with Basic Materials background

Shares of Anglo Asian Mining PLC (LON:AAZ - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 96.14 ($1.17) and traded as high as GBX 115 ($1.40). Anglo Asian Mining shares last traded at GBX 103 ($1.25), with a volume of 35,729 shares trading hands.

Anglo Asian Mining Stock Down 6.4 %

The business's 50 day moving average is GBX 102.92 and its 200 day moving average is GBX 96.14. The company has a quick ratio of 0.75, a current ratio of 1.73 and a debt-to-equity ratio of 27.41. The company has a market cap of £117.67 million, a P/E ratio of -542.11 and a beta of 1.31.

About Anglo Asian Mining

(Get Free Report)

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.

Further Reading

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