Anglo Asian Mining (LON:AAZ) Hits New 12-Month High - Here's What Happened

Anglo Asian Mining PLC (LON:AAZ - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 270 and last traded at GBX 265, with a volume of 136956 shares traded. The stock had previously closed at GBX 261.Get Anglo Asian Mining alerts:Anglo Asian Mining Trading Up 1.5%The company has a 50 day moving average of GBX 215.56 and a 200 day moving average of GBX 191.79. The company has a debt-to-equity ratio of 27.36, a quick ratio of 0.75 and a current ratio of 2.54. The stock has a market capitalization of £303.01 million, a price-to-earnings ratio of -34.51 and a beta of 1.31. About Anglo Asian Mining (Get Free Report)Anglo Asian Mining PLC is an established and sustainable mining business with a portfolio of copper, gold and silver production assets in western Azerbaijan. With more than 20 years of successful operations in Azerbaijan, the company has discovered & developed six producing mines (2 open pit, 4 underground) and maintains a strong portfolio of high-quality production and development assets across eight contract areas, spanning 2,544 square kilometers in western Azerbaijan. These assets include multi-billion-dollar in-situ resources, with over 400,000 ounces of gold and one million tonnes of copper, according to JORC standards.Featured ArticlesFive stocks we like better than Anglo Asian MiningDo not delete, read immediatelyHow Long Will $1M Last in Retirement?INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyForget AI, This Will Be the Next Big Tech BreakthroughThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Anglo Asian Mining Right Now?Before you consider Anglo Asian Mining, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Anglo Asian Mining wasn't on the list.While Anglo Asian Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here