Aminex (LON:AEX) Stock Price Down 7.1% – What’s Next?

Shares of Aminex PLC (LON:AEX) fell 7.1% on Friday . The stock traded as low as GBX 2.09 and last traded at GBX 2.09. 2,259,067 shares changed hands during trading, a decline of 41% from the average session volume of 3,821,516 shares. The stock had previously closed at GBX 2.25.

Aminex Stock Performance

The business’s 50 day moving average price is GBX 1.89 and its 200-day moving average price is GBX 1.84. The firm has a market cap of £93.39 million, a price-to-earnings ratio of -14.93 and a beta of -0.03.

Aminex Company Profile

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania. Aminex PLC was incorporated in 1979 and is based in Dublin, Ireland.