Griffin Mining Limited (LON:GFM - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 162.14 ($2.15) and traded as high as GBX 184.50 ($2.45). Griffin Mining shares last traded at GBX 170 ($2.26), with a volume of 90,060 shares changing hands.
Griffin Mining Price Performance
The firm has a market cap of £408.24 million, a PE ratio of 19.77 and a beta of 0.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.76 and a quick ratio of 0.98. The business's fifty day moving average is GBX 177.96 and its 200-day moving average is GBX 162.56.
About Griffin Mining
(
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Griffin Mining Limited (“Griffin” or “the Company”) is a mining and investment company, incorporated in Bermuda in 1988 whose shares were admitted to trading on the Alternative Investment Market of the London Stock Exchange (“AIM”) in 1997.
The major asset of the Company is an 88.8% interest in Hebei Hua Ao Mining Industry Company Limited (“Hebei Hua Ao”) through its wholly-owned Hong Kong subsidiary, China Zinc Limited (“China Zinc”), which holds licences, the operating mine and processing facilities (the “Caijiaying Mine”) near Zhangjiakou City in the People's Republic of China (“PRC” or “China”).
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