Anglesey Mining (LON:AYM) Trading 12.3% Higher – What’s Next?

Anglesey Mining plc (LON:AYM)’s stock price was up 12.3% during trading on Thursday . The company traded as high as GBX 0.27 and last traded at GBX 0.26. Approximately 2,534,288 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 1,212,738 shares. The stock had previously closed at GBX 0.24.

Anglesey Mining Trading Up 6.4%

The firm has a market cap of £60,602.50, a price-to-earnings ratio of -2.50 and a beta of 2.23. The company has a debt-to-equity ratio of 27.02, a quick ratio of 4.11 and a current ratio of 0.67. The company has a 50 day moving average price of GBX 0.35 and a 200 day moving average price of GBX 0.59.

Anglesey Mining (LON:AYM) last issued its quarterly earnings data on Wednesday, October 1st. The mining company reported GBX (0.10) earnings per share (EPS) for the quarter.

Anglesey Mining Company Profile

Anglesey Mining plc is a UK company engaged in the development of owned and managed mining projects.

Parys Mountain: 100% ownership of the Parys Mountain underground copper-zinc-lead-silver-gold deposit in North Wales, UK where an independent Preliminary Economic Assessment dated January 2021 included a financial model for a 3,000 tpd mining operation with a pre-tax NPV10% of US$120 million, (£96 million), 26% IRR and 12-year mine life.

Grängesberg: 49.75% interest in the Grängesberg iron ore project in Sweden where Anglesey has management rights.