tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Azerbaijan President Showcases Support with Visit to Anglo Asian’s Demirli Mine

Story Highlights
  • Azerbaijan’s president visited Anglo Asian’s Demirli mine, underscoring strong state support.
  • Demirli mine is now in production with 1,000 staff, boosting Anglo Asian’s growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Azerbaijan President Showcases Support with Visit to Anglo Asian’s Demirli Mine

Claim 50% Off TipRanks Premium

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

Anglo Asian Mining reported that Azerbaijani President Ilham Aliyev paid an official visit to its Demirli mine on 13 January 2026, highlighting the government’s close cooperation and pro-mining stance as the operation progresses through key early milestones. Demirli, now in production with a new logistics centre and initial copper concentrate sales, employs around 1,000 people and has become a core part of Anglo Asian’s three-mine production base in the country, reinforcing the company’s reputation for bringing assets on stream sustainably as it targets further growth from the Xarxar and Garadag projects in the medium term.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £264.00 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 overall stock score is primarily influenced by the company’s financial challenges, which are significant and require strategic intervention. However, positive technical indicators and strategic corporate events provide some optimism, suggesting potential for recovery if financial issues are addressed.

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

More about Anglo Asian Mining

Anglo Asian Mining plc is an AIM-listed copper, gold and silver producer with a portfolio of production and exploration assets in Azerbaijan. The company produced 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 become its principal product through the development of additional mines including Xarxar, Garadag, Zafar, Gilar and Demirli.

Average Trading Volume: 126,129

Technical Sentiment Signal: Buy

Current Market Cap: £317.3M

For detailed information about AAZ stock, go to 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