Aminex (LON:AEX) Stock Price Up 18.9% - Here's Why

Aminex PLC (LON:AEX - Get Free Report) rose 18.9% during mid-day trading on Tuesday . The stock traded as high as GBX 1.19 ($0.02) and last traded at GBX 1.19 ($0.02). Approximately 1,382,285 shares changed hands during trading, a decline of 62% from the average daily volume of 3,624,802 shares. The stock had previously closed at GBX 1 ($0.01).

Aminex Price Performance

The firm's 50-day simple moving average is GBX 1.14 and its two-hundred day simple moving average is GBX 1.15. The company has a market capitalization of £63.37 million, a price-to-earnings ratio of -56.52 and a beta of -0.03.

About Aminex

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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