Anglesey Mining (LON:AYM) Trading 10.8% Higher – Still a Buy?

Anglesey Mining plc (LON:AYMGet Free Report)’s share price shot up 10.8% on Saturday . The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.67 ($0.01). 4,931,261 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 2,497,252 shares. The stock had previously closed at GBX 0.60 ($0.01).

Anglesey Mining Trading Up 10.8 %

The company’s fifty day moving average is GBX 0.85 and its 200-day moving average is GBX 1.01. The company has a current ratio of 0.67, a quick ratio of 4.11 and a debt-to-equity ratio of 27.02. The firm has a market capitalization of £3.22 million, a P/E ratio of -9.50 and a beta of 2.23.

Anglesey Mining Company Profile

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Anglesey Mining plc, a mining company, engages in the exploration, evaluation, and development of mineral properties. The company owns a 100% interest in the Parys Mountain underground zinc-copper-lead-silver-gold deposit in North Wales, the United Kingdom. It holds 12% interest in the Labrador iron project located in Labrador and Quebec; and 50.25 % interest in the Grangesberg iron ore mine situated in central Sweden.

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