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

Anglesey Mining plc (LON:AYM)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 5.27 and traded as low as GBX 4.31. Anglesey Mining shares last traded at GBX 4.58, with a volume of 72,134 shares trading hands.

Anglesey Mining Trading Down 1.3%

The company has a current ratio of 0.18, a quick ratio of 4.11 and a debt-to-equity ratio of 31.33. The company has a fifty day simple moving average of GBX 5.24 and a 200-day simple moving average of GBX 5.27. The company has a market capitalization of £2.91 million, a PE ratio of -4.49 and a beta of 1.46.

About Anglesey Mining

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.