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Anglo Asian Mining ( (GB:AAZ) ) has issued an announcement.
Anglo Asian Mining reported a challenging year in 2024 with a decline in revenues to $39.6 million due to reduced production, although losses before taxation decreased to $21.3 million. Despite operational setbacks, the company made significant progress in its growth strategy, including the development of the Gilar mine and access to the Demirli contract area, positioning itself for increased production in 2025. The company aims to strengthen its market position by expanding its resource base and executing its medium-term growth strategy.
More about Anglo Asian Mining
Anglo Asian Mining PLC is an AIM-listed company engaged in the production of gold, copper, and silver, primarily operating in Azerbaijan. The company focuses on mining operations and resource development, aiming to transition into a mid-tier copper-focused miner.
Average Trading Volume: 106,328
Technical Sentiment Signal: Buy
Current Market Cap: £148.5M
For detailed information about AAZ stock, go to TipRanks’ Stock Analysis page.