Anglesey Mining (LON:AYM) Trading Down 10.7% – Time to Sell?

Shares of Anglesey Mining plc (LON:AYMGet Free Report) fell 10.7% during mid-day trading on Thursday . The company traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01). 3,971,280 shares were traded during mid-day trading, an increase of 93% from the average session volume of 2,059,084 shares. The stock had previously closed at GBX 0.63 ($0.01).

Anglesey Mining Stock Performance

The stock has a 50-day moving average price of GBX 0.86 and a 200 day moving average price of GBX 1.01. 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 firm has a market capitalization of £2.70 million, a price-to-earnings 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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