Aminex (LON:AEX) Shares Down 8.2% – Time to Sell?

Aminex PLC (LON:AEX – Get Free Report)’s share price was down 8.2% during mid-day trading on Wednesday. The stock traded as low as GBX 1.80 and last traded at GBX 1.88. Approximately 12,894,499 shares were traded during mid-day trading, an increase of 149% from the average daily volume of 5,188,653 shares. The stock had previously closed at GBX 2.05.

Aminex Price Performance

The company has a market cap of £85.22 million, a price-to-earnings ratio of -13.57 and a beta of -0.03. The stock has a 50-day moving average price of GBX 1.71 and a 200 day moving average price of GBX 2.06.

About Aminex

(Get Free Report)

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.

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