Anglo Asian Mining (LON:AAZ) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Anglo Asian Mining shares crossed above their 200-day moving average, trading as high as GBX 247.40 versus a 200‑day MA of GBX 245.14, with the last trade at GBX 245 on volume of 98,938.
• The company has a market cap of £280.14 million and a negative P/E of -31.90, with modest liquidity (quick ratio 0.75, current ratio 1.17) and a debt-to-equity ratio of 31.27, indicating constrained earnings and moderate leverage.
• Anglo Asian is a 20+ year mining operator in western Azerbaijan producing copper, gold and silver, with JORC-estimated resources of over 400,000 ounces of gold and roughly one million tonnes of copper across eight contract areas.

Anglo Asian Mining PLC (LON:AAZ - ) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 245.14 and traded as high as GBX 247.40. Anglo Asian Mining shares last traded at GBX 245, with a volume of 98,938 shares traded.

Anglo Asian Mining Price Performance

The company's fifty day moving average is GBX 251.91 and its 200 day moving average is GBX 245.14. The firm has a market cap of £280.14 million, a price-to-earnings ratio of -31.90 and a beta of 1.30. The company has a quick ratio of 0.75, a current ratio of 1.17 and a debt-to-equity ratio of 31.27.

About Anglo Asian Mining

Anglo Asian Mining PLC is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan. With more than 20 years of successful operations in Azerbaijan, the company has discovered & developed six producing mines (2 open pit, 4 underground) and maintains a strong portfolio of high-quality production and development assets across eight contract areas, spanning 2,544 square kilometers in western Azerbaijan. These assets include multi-billion-dollar in-situ resources, with over 400,000 ounces of gold and one million tonnes of copper, according to JORC standards.

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