Anglo Asian Mining (LON:AAZ) Trading Down 8.3% - Here's What Happened

Anglo Asian Mining PLC (LON:AAZ - Get Free Report) shares traded down 8.3% on Monday . The company traded as low as GBX 120 ($1.59) and last traded at GBX 127.45 ($1.69). 326,700 shares changed hands during trading, an increase of 265% from the average session volume of 89,532 shares. The stock had previously closed at GBX 139 ($1.85).

Anglo Asian Mining Stock Up 1.6%

The firm has a market capitalization of £169.76 million, a price-to-earnings ratio of -5.79 and a beta of 1.31. The company has a debt-to-equity ratio of 27.36, a current ratio of 2.54 and a quick ratio of 0.75. The stock has a fifty day moving average of GBX 124.32 and a two-hundred day moving average of GBX 113.52.

About Anglo Asian Mining

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.