Anglesey Mining (LON:AYM) Stock Passes Below 200-Day Moving Average – Here’s Why

Anglesey Mining plc (LON:AYMGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 0.62 and traded as low as GBX 0.25. Anglesey Mining shares last traded at GBX 0.28, with a volume of 1,154,796 shares traded.

Anglesey Mining Stock Performance

The firm’s fifty day moving average price is GBX 0.37 and its 200-day moving average price is GBX 0.61. The company has a current ratio of 0.67, a quick ratio of 4.11 and a debt-to-equity ratio of 27.02. The company has a market cap of £56,966.35, a P/E ratio of -2.35 and a beta of 2.23.

Anglesey Mining (LON:AYMGet Free Report) last issued its earnings results on Wednesday, October 1st. The mining company reported GBX (0.10) EPS for the quarter.

About Anglesey Mining

(Get Free Report)

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.

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