The stock of Anglesey Mining Plc (LON:AYM) hit a new 52-week high and has GBX 5.90 target or 145.00% above today’s GBX 2.41 share price. The 7 months bullish chart indicates low risk for the GBX 5.60M company. The 1-year high was reported on Nov, 16 by Barchart.com. If the GBX 5.90 price target is reached, the company will be worth GBX 8.12 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 1.88M shares traded hands or 2196.72% up from the average. Anglesey Mining Plc (LON:AYM) has risen 86.44% since April 18, 2016 and is uptrending. It has outperformed by 81.75% the S&P500.
More news for Anglesey Mining Plc (LON:AYM) were recently published by: Uk.Finance.Yahoo.com, which released: “Anglesey Mining plc (AYM.L)” on February 01, 2001. Globenewswire.com‘s article titled: “Sprott Asset Management Requisitions Meeting of Central Fund of Canada Limited …” and published on June 16, 2015 is yet another important article.
Anglesey Mining PLC is a mining company. The company has a market cap of 5.60 million GBP. The Firm is engaged in the business of exploring and evaluating Parys Mountain project situated in North Wales, the United Kingdom. It currently has negative earnings. The Firm also participates in the management of the Grangesberg iron ore property situated in the Bergslagen district of central Sweden approximately 200 kilometers north-west of Stockholm.
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