Time to Buy Anglo Asian Mining Plc After Today’s Huge Decline?

 Time to Buy Anglo Asian Mining Plc After Today's Huge Decline?

The stock of Anglo Asian Mining Plc (LON:AAZ) is a huge mover today! The stock decreased 3.70% or GBX 1.25 on November 7, hitting GBX 32.5. About 550,015 shares traded hands. Anglo Asian Mining Plc (LON:AAZ) has risen 441.67% since April 8, 2016 and is uptrending. It has outperformed by 439.71% the S&P500.
The move comes after 7 months negative chart setup for the GBX 37.21M company. It was reported on Nov, 7 by Barchart.com. We have GBX 29.25 PT which if reached, will make LON:AAZ worth GBX 3.72 million less.

Anglo Asian Mining Plc (LON:AAZ) Ratings Coverage

Out of 2 analysts covering Anglo Asian Mining PLC (LON:AAZ), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Anglo Asian Mining PLC has been the topic of 15 analyst reports since September 22, 2015 according to StockzIntelligence Inc. The stock of Anglo Asian Mining Plc (LON:AAZ) earned “Hold” rating by SP Angel on Wednesday, April 13. The rating was upgraded by SP Angel on Monday, August 1 to “Buy”. The stock has “Buy” rating given by SP Angel on Monday, October 17. SP Angel maintained the stock with “Hold” rating in Thursday, January 14 report. The firm earned “Speculative Buy” rating on Thursday, October 15 by Beaufort Securities. SP Angel maintained the shares of AAZ in a report on Wednesday, October 14 with “Hold” rating. SP Angel maintained Anglo Asian Mining Plc (LON:AAZ) on Tuesday, September 22 with “Hold” rating. The firm has “Buy” rating given on Monday, September 12 by SP Angel. As per Wednesday, September 23, the company rating was maintained by Beaufort Securities. SP Angel maintained Anglo Asian Mining Plc (LON:AAZ) on Wednesday, November 11 with “Hold” rating.

Anglo Asian Mining PLC is a United Kingdom based holding company. The company has a market cap of 37.21 million GBP. The Firm is a well-known provider of support and management services to its operating subsidiary R.V. It currently has negative earnings. Investment Group Services LLC .

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