tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Anglo Asian Mining Boosts Production with New Gilar Mine

Story Highlights
Anglo Asian Mining Boosts Production with New Gilar Mine

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Anglo Asian Mining ( (GB:AAZ) ).

Anglo Asian Mining reported a significant increase in production for Q2 and H1 2025, with the new Gilar mine contributing to a total of 16,378 gold equivalent ounces produced in the first half of the year. The company maintained positive cash flow, reducing net debt, and is progressing towards its strategic goal of becoming a mid-tier copper-focused producer by 2029.

More about Anglo Asian Mining

Anglo Asian Mining plc is a gold, copper, and silver producer with a portfolio of production and exploration assets in Azerbaijan. The company is listed on the AIM market and aims to transition into a multi-asset, mid-tier copper and gold producer by 2029, with plans to bring four new mines into production.

Average Trading Volume: 90,385

Technical Sentiment Signal: Buy

Current Market Cap: £194.2M

See more insights into AAZ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1