Anglesey Mining (LON:AYM) Shares Pass Above 200 Day Moving Average – Time to Sell?

Anglesey Mining plc (LON:AYM) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5.11 and traded as high as GBX 5.50. Anglesey Mining shares last traded at GBX 5.29, with a volume of 616,025 shares traded.

Anglesey Mining Stock Down 8.3%

The company has a quick ratio of 4.11, a current ratio of 0.18 and a debt-to-equity ratio of 31.33. The firm’s 50-day moving average price is GBX 6.15 and its 200 day moving average price is GBX 5.11. The firm has a market cap of £2.42 million, a P/E ratio of -5.00 and a beta of 1.26.

Anglesey Mining (LON:AYM) last posted its earnings results on Monday, December 22nd. The mining company reported GBX (1) EPS for the quarter.

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.