Anglesey Mining (LON:AYM) Stock Price Up 33.3% – Still a Buy?

Anglesey Mining plc (LON:AYMGet Free Report) shares were up 33.3% during mid-day trading on Wednesday . The company traded as high as GBX 6 and last traded at GBX 6. Approximately 209,975 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 210,126 shares. The stock had previously closed at GBX 4.50.

Anglesey Mining Stock Up 9.6%

The stock has a 50 day moving average price of GBX 6.29 and a 200 day moving average price of GBX 5.04. The company has a quick ratio of 4.11, a current ratio of 0.67 and a debt-to-equity ratio of 27.02. The stock has a market capitalization of £1.40 million, a price-to-earnings ratio of -57.56 and a beta of 2.23.

Anglesey Mining (LON:AYMGet Free Report) last announced its quarterly earnings results on Monday, December 22nd. The mining company reported GBX (1) earnings per share (EPS) for the quarter.

Anglesey Mining Company Profile

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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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