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Anglo Asian Mining PLC (GB:AAZ)
LSE:AAZ
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Anglo Asian Mining (AAZ) AI Stock Analysis

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GB:AAZ

Anglo Asian Mining

(LSE:AAZ)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
195.00p
▼(-0.51% Downside)
The overall stock score for Anglo Asian Mining is primarily impacted by its poor financial performance, which is the most significant factor. The technical analysis provides a slightly positive outlook due to short-term bullish momentum, but this is overshadowed by the negative valuation metrics. The absence of earnings call data and corporate events means these factors do not influence the score.

Anglo Asian Mining (AAZ) vs. iShares MSCI United Kingdom ETF (EWC)

Anglo Asian Mining Business Overview & Revenue Model

Company DescriptionAnglo Asian Mining PLC, together with its subsidiaries, engages in the exploration and production of gold, copper, silver, and precious metal properties in Azerbaijan. The company has a 2,500 square kilometers portfolio of gold, silver, and copper properties in western Azerbaijan. Its principal property is the Gedabek mine located in Azerbaijan. The company was incorporated in 2004 and is based in Baku, Azerbaijan.
How the Company Makes MoneyAnglo Asian Mining generates revenue primarily through the sale of gold, silver, and copper, which are extracted from its mining operations. The company benefits from a robust revenue model that includes the direct sale of these metals to international markets. Key revenue streams involve the production of gold doré bars, as well as copper and silver concentrates, which are sold to various industrial and trading companies. Furthermore, AAZ has established significant partnerships with local and international stakeholders, enhancing its market reach and operational efficiency. The company's ongoing exploration efforts also aim to identify new resources that could lead to increased production and revenue in the future.

Anglo Asian Mining Financial Statement Overview

Summary
Anglo Asian Mining is facing significant financial challenges across all verticals. The income statement reflects declining revenues and negative margins, the balance sheet shows increasing leverage and negative returns, and the cash flow statement indicates liquidity issues. The company needs to address operational inefficiencies and improve cash management to stabilize its financial position.
Income Statement
35
Negative
Anglo Asian Mining's income statement shows a concerning trend with declining revenues and negative profit margins. The company has experienced a significant revenue decline of 15.44% in the most recent year, and both gross and net profit margins are negative, indicating operational challenges. The EBIT and EBITDA margins are also negative, reflecting inefficiencies in cost management. Overall, the income statement suggests financial instability and a need for strategic improvements.
Balance Sheet
45
Neutral
The balance sheet reveals a moderate debt-to-equity ratio of 0.35, which is manageable but has increased over the years. The return on equity is negative, indicating that the company is not generating returns on shareholders' investments. The equity ratio is relatively stable, suggesting a solid asset base. However, the overall financial health is weakened by the negative ROE and increasing leverage.
Cash Flow
30
Negative
Cash flow analysis shows a troubling decline in free cash flow, with a significant negative growth rate of 89.96%. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash. The free cash flow to net income ratio is negative, highlighting cash flow issues. These factors suggest liquidity concerns and the need for improved cash management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue67.14M39.59M45.85M84.72M92.49M102.05M
Gross Profit5.40M-10.07M-4.46M15.76M18.02M41.73M
EBITDA11.88M-6.66M-19.18M25.44M28.80M56.65M
Net Income-8.76M-17.50M-24.24M3.66M7.36M23.22M
Balance Sheet
Total Assets156.41M146.63M154.64M181.18M189.42M179.77M
Cash, Cash Equivalents and Short-Term Investments5.27M886.00K4.48M20.41M37.45M39.03M
Total Debt22.52M23.78M23.20M2.71M3.29M1.95M
Total Liabilities84.38M79.25M69.84M67.67M71.00M57.81M
Stockholders Equity72.03M67.37M84.69M113.51M118.42M121.96M
Cash Flow
Free Cash Flow6.28M-2.49M-24.33M-3.83M12.24M33.80M
Operating Cash Flow16.81M8.58M939.00K13.49M26.02M49.54M
Investing Cash Flow-12.35M-10.82M-31.84M-20.81M-15.73M-15.69M
Financing Cash Flow-1.03M-1.30M15.07M-9.41M-11.62M-12.80M

Anglo Asian Mining Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price196.00
Price Trends
50DMA
197.86
Negative
100DMA
182.68
Positive
200DMA
154.97
Positive
Market Momentum
MACD
0.12
Positive
RSI
48.82
Neutral
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AAZ, the sentiment is Neutral. The current price of 196 is below the 20-day moving average (MA) of 197.15, below the 50-day MA of 197.86, and above the 200-day MA of 154.97, indicating a neutral trend. The MACD of 0.12 indicates Positive momentum. The RSI at 48.82 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:AAZ.

Anglo Asian Mining Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
£233.97M6.7150.11%61.98%164.33%
70
Outperform
£181.76M6.2733.52%46.55%237.48%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
£377.72M-7.90%26.71%-119.70%
45
Neutral
£231.54M-33.98-11.68%129.53%70.68%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:AAZ
Anglo Asian Mining
196.00
86.00
78.18%
GB:ALTN
AltynGold Plc
886.00
678.50
326.99%
GB:KEFI
KEFI Minerals
1.45
0.83
133.87%
GB:MTL
Metals Exploration
12.50
6.80
119.30%
GB:SRB
Serabi Gold
245.00
152.00
163.44%
GB:CORA
Cora Gold
5.05
2.05
68.33%

Anglo Asian Mining Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
Anglo Asian Mining Updates Share Capital and Outlines Growth Strategy
Positive
Oct 31, 2025

Anglo Asian Mining has announced its total issued share capital consists of 114,492,024 ordinary shares, with 150,000 held in treasury, resulting in 114,342,024 voting rights. This update is relevant for shareholders calculating their interest under FCA’s rules. The company’s strategic growth plan includes developing new mines to significantly increase copper production by 2030, enhancing its industry positioning and stakeholder value.

The most recent analyst rating on (GB:AAZ) stock is a Sell with a £177.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Anglo Asian Mining Achieves Record Copper Production in Q3 2025
Positive
Oct 16, 2025

Anglo Asian Mining PLC reported a record quarterly copper production of 2,287 tonnes in Q3 2025, marking a significant increase due to the commencement of production at the Demirli and Gilar mines. The company has revised its full-year 2025 guidance, expecting copper production between 8,100 to 9,000 tonnes and gold production between 25,000 to 28,000 ounces. This strategic shift towards copper production aligns with the company’s growth strategy, enhancing its industry positioning and operational capabilities.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Anglo Asian Mining Achieves Record Copper Production in Q3 2025
Positive
Oct 16, 2025

Anglo Asian Mining has reported a record quarterly copper production of 2,287 tonnes in Q3 2025, marking a significant increase due to the commencement of production at the Demirli and Gilar mines. This strategic shift towards copper production aligns with the company’s growth plans, enhancing its market position and operational capabilities. The company has also revised its full-year guidance for 2025, expecting copper production between 8,100 to 9,000 tonnes and gold production between 25,000 to 28,000 ounces. Despite a slight negative cash flow due to start-up expenses at Demirli, the company maintains a strong focus on cash management and cost controls.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Other
Anglo Asian Mining’s PDMR Share Sale Announcement
Negative
Oct 10, 2025

Anglo Asian Mining PLC announced that Ilham Khalilov, a person with managerial responsibilities, has sold 100,000 ordinary shares of the company at a price of £2.05 per share. This transaction, completed over two days, results in Mr. Khalilov having no remaining interest in the company’s share capital, which could impact investor perceptions and the company’s market dynamics.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Anglo Asian Mining to Announce Q3 2025 Production Review
Neutral
Oct 10, 2025

Anglo Asian Mining plc announced it will release its Q3 2025 Production and Operations Review on 16 October 2025. The company will host a live presentation for existing and potential shareholders, featuring Stephen Westhead and Bill Morgan. This event provides an opportunity for stakeholders to engage with the company’s leadership and gain insights into its operational progress and strategic plans. The company’s ongoing expansion efforts, including the recent commencement of production at the Gilar and Demirli mines, are pivotal to its growth strategy and industry positioning.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Anglo Asian Mining Revises 2025 Production Guidance Amid Strategic Expansion
Positive
Oct 9, 2025

Anglo Asian Mining has revised its production guidance for 2025 following the commencement of operations at its new Gilar and Demirli mines. The company expects increased production levels, with copper output projected between 8,100 to 9,000 tonnes and gold production between 25,000 to 28,000 ounces. This strategic shift positions Anglo Asian as a multi-asset producer, aligning with its goal to become a mid-tier company. The expansion of the Gedabek flotation plant and the stockpiling of high-grade ore are expected to enhance future production capabilities, supporting the company’s growth strategy.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Stock BuybackDividendsRegulatory Filings and Compliance
Anglo Asian Mining Addresses Historical Distribution Compliance Issues
Neutral
Sep 29, 2025

Anglo Asian Mining plc has addressed administrative non-compliance issues related to historical dividend distributions and share buy-backs between 2018 and 2022, which were not in accordance with the Companies Act. The company has proposed resolutions to rectify these issues, including deeds of release for directors and shareholders, and a buy-back deed with SP Angel Corporate Finance LLP. These measures ensure no financial penalties and maintain the company’s dividend policy, with no impact on its financial outlook.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and Strategy
Anglo Asian Mining Issues New Shares Following Share Option Exercise
Neutral
Sep 29, 2025

Anglo Asian Mining PLC announced the issuance of 100,000 new ordinary shares following the exercise of share options by Ilham Khalilov, a Vice President at the Azerbaijan International Mining Company. This move, expected to be effective by early October 2025, slightly increases the company’s share capital and voting rights, reflecting ongoing strategic management decisions and potentially impacting shareholder interests.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Anglo Asian Mining Returns to Profitability with Strategic Mine Developments
Positive
Sep 25, 2025

Anglo Asian Mining PLC reported a return to profitability in the first half of 2025, with revenues reaching $40.9 million, a significant increase from the previous year. This financial improvement is attributed to continuous production and strong commodity prices, alongside the commencement of operations at two new mines, Gilar and Demirli. The company’s strategic focus on expanding its copper production capabilities is evident, with the Demirli mine expected to significantly contribute to future output. These developments mark critical milestones in Anglo Asian’s growth strategy, positioning it as a key player in the copper industry and enhancing value for shareholders.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £180.00 price target. To see the full list of analyst forecasts on Anglo Asian Mining stock, see the GB:AAZ Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025