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Anglo Asian Mining PLC (LON:AAZ) target price reduced to 21.00GBX, reported today by SP Angel

Displaying a price of 15.50GBX, Anglo Asian Mining PLC (LON:AAZ) traded 1.48% lower on the day. With the last close up 22.66% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. The company has recorded a 50-day average of 16.95GBX and 200-day average of 12.25GBX. 76,747 shares of AAZ traded hands, down from ann avg. trading volume of 319,623

In a statement issued on Friday September 16 2016 SP Angel bumped down the target price of Anglo Asian Mining PLC (LON:AAZ) from 24GBX to 21GBX reporting a possible upsideof 0.35%.

Performance Chart:

Anglo Asian Mining PLC (LON:AAZ)

A total of 1 broker has issued a report on Anglo Asian Mining PLC. Zero rate the stock a strong buy, 0 rate the stock a buy, one firm rate the company a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the company as sell with a 12-month target stock price of 0.31GBX

Anglo Asian Mining PLC has a one-year low of 3.77GBX and a one-year high of 20.23GBX and has a market capitalization of 0.0 GBX.

General Information About Anglo Asian Mining PLC (LON:AAZ)

Anglo Asian Mining PLC is a United Kingdom based holding company. The Company is a provider of support and management services to its operating subsidiary R.V. Investment Group Services LLC (RVIG). The Company together with its subsidiaries is involved in the exploration and development of gold and copper projects in the Republic of Azerbaijan and the operation of the Flagship project Gedabek gold/copper mine in the Republic of Azerbaijan, located in 300 square kilometers produced 52, 068 ounces of gold. It operates in two segments: mining operations and exploration sites. Both segments are located within the Republic of Azerbaijan. It has a 1, 962 square kilometers prospective portfolio of gold/copper assets at various stages of the development. Its 462 square kilometers Ordubad Contract Area is located in the Republic of Nakhchivan region of Azerbaijan. The 300 square kilometers Gosha Contract Area is located in western Azerbaijan, and 50 kilometers north-west of Gedabek.

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