Anglo Asian Mining (LON:AAZ) Sets New 1-Year High - Here's Why

Key Points

• Anglo Asian Mining PLC reached a new 52-week high, trading at GBX 220 ($2.97) during Monday's session, showing a 2.4% increase.
• The company, which has a market capitalization of £245.84 million, is profitable, debt-free, and engaged in regular dividend payments to its shareholders.
• Anglo Asian Mining has expanded its operations internationally, making its first investment outside Azerbaijan in Libero Copper & Gold Corporation in late 2021.

Anglo Asian Mining PLC (LON:AAZ - ) hit a new 52-week high during trading on Monday . The company traded as high as GBX 220 ($2.97) and last traded at GBX 215 ($2.90), with a volume of 218295 shares trading hands. The stock had previously closed at GBX 210 ($2.83).

Anglo Asian Mining Trading Up 2.4%

The firm has a market capitalization of £245.84 million, a price-to-earnings ratio of -2,799.48 and a beta of 1.31. The company has a fifty day moving average price of GBX 182.81 and a 200-day moving average price of GBX 158.33. The company has a current ratio of 2.54, a quick ratio of 0.75 and a debt-to-equity ratio of 27.36.

Anglo Asian Mining Company Profile

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.

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