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Aminex (LON:AEX) Share Price Passes Below 200 Day Moving Average - Here's Why

Aminex logo with Energy background

Aminex PLC (LON:AEX - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.16 ($0.02) and traded as low as GBX 0.94 ($0.01). Aminex shares last traded at GBX 1 ($0.01), with a volume of 9,860,975 shares.

Aminex Stock Performance

The company's fifty day moving average is GBX 1.14 and its 200-day moving average is GBX 1.15. The company has a market capitalization of £52.80 million, a PE ratio of -47.10 and a beta of -0.03.

About Aminex

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Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.

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