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Anglo Asian Mining Names Peel Hunt as Broker to Support Copper-Focused Growth

Story Highlights
  • Anglo Asian Mining is expanding Azerbaijani operations to become a mid-tier copper and gold producer by 2030.
  • The company appointed Peel Hunt as corporate broker to bolster market support during its planned growth phase.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anglo Asian Mining Names Peel Hunt as Broker to Support Copper-Focused Growth

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Anglo Asian Mining ( (GB:AAZ) ) has shared an update.

Anglo Asian Mining, an AIM-quoted producer of gold, copper and silver focused on Azerbaijan, operates several mines including the recently opened Gilar and Demirli assets and is expanding its portfolio to underpin a transition towards being a mid-tier copper and gold producer. The company plans to bring three additional mines at Xarxar, Garadag and Zafar into production between 2027 and 2030, targeting annual copper output of around 50,000 to 55,000 tonnes by the end of the decade.

The group has appointed Peel Hunt LLP as its new corporate broker with immediate effect, while S P Angel remains its nominated adviser, reinforcing its London market advisory and capital markets support. The move is expected to strengthen Anglo Asian Mining’s investor engagement and financing capabilities as it executes its growth strategy and scales up copper-focused production in the coming years.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £305.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Spark’s Take on GB:AAZ Stock

According to Spark, TipRanks’ AI Analyst, GB:AAZ is a Neutral.

The score is held down primarily by weak financial performance (declining revenue, negative margins, and deteriorating free cash flow) and valuation that is unattractive/unclear due to negative earnings. These are partially offset by a strong technical trend with the price above all major moving averages and positive momentum indicators.

To see Spark’s full report on GB:AAZ stock, click here.

More about Anglo Asian Mining

Anglo Asian Mining is an AIM-listed copper and gold producer operating a portfolio of production and exploration assets in Azerbaijan. The company generated 7,915 tonnes of copper and 25,061 ounces of gold in 2025 and is pursuing a strategic plan to become a multi-asset, mid-tier copper and gold producer by 2030, with copper expected to be its principal product.

Average Trading Volume: 195,140

Technical Sentiment Signal: Strong Buy

Current Market Cap: £285.9M

For detailed information about AAZ stock, go to TipRanks’ Stock Analysis page.

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