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Aminex (LON:AEX) Shares Up 12.1% - Should You Buy?

Aminex logo with Energy background

Key Points

  • Aminex PLC shares rose by 12.1% during trading, reaching a price of GBX 2.28 ($0.03) as the stock showed increased trading volume.
  • The company has a market capitalization of £95.99 million and a significant negative PE ratio of -1,750.00, indicating financial challenges.
  • Aminex is involved in the exploration, appraisal, development, and production of oil and gas assets, primarily operating in Tanzania.
  • MarketBeat previews the top five stocks to own by October 1st.

Aminex PLC (LON:AEX - Get Free Report)'s share price traded up 12.1% during mid-day trading on Tuesday . The stock traded as high as GBX 2.28 ($0.03) and last traded at GBX 2.28 ($0.03). 4,318,971 shares were traded during trading, an increase of 9% from the average session volume of 3,961,692 shares. The stock had previously closed at GBX 2.03 ($0.03).

Aminex Stock Performance

The firm has a market capitalization of £95.35 million, a PE ratio of -1,738.46 and a beta of -0.03. The company's 50-day moving average price is GBX 1.90 and its 200-day moving average price is GBX 1.44.

Aminex Company Profile

(Get Free Report)

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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