Anglo Asian Mining (LON:AAZ) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Anglo Asian Mining PLC (LON:AAZ) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 96.14 ($1.17) and traded as high as GBX 115 ($1.40). Anglo Asian Mining shares last traded at GBX 103 ($1.25), with a volume of 35,729 shares changing hands.

Anglo Asian Mining Trading Down 6.4 %

The company has a debt-to-equity ratio of 27.41, a quick ratio of 0.75 and a current ratio of 1.73. The stock has a market capitalization of £117.67 million, a P/E ratio of -542.11 and a beta of 1.31. The firm’s fifty day simple moving average is GBX 102.92 and its 200 day simple moving average is GBX 96.14.

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.