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An update from Anglo Asian Mining ( (GB:AAZ) ) is now available.
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.
Spark’s Take on GB:AAZ Stock
According to Spark, TipRanks’ AI Analyst, GB:AAZ is a Neutral.
The overall stock score for Anglo Asian Mining is primarily impacted by its poor financial performance, with significant challenges in revenue, profitability, and cash flow. While technical analysis shows some positive momentum, the negative valuation metrics due to lack of profitability and dividend yield weigh heavily on the score. The absence of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on GB:AAZ stock, click here.
More about Anglo Asian Mining
Anglo Asian Mining plc is a copper and gold producer with a portfolio of production and exploration assets in Azerbaijan. The company is transitioning to become a multi-asset, mid-tier copper and gold producer by 2030, focusing on copper as its principal product. It aims to achieve this through the development of new mines, including the recently opened Gilar and Demirli mines.
Average Trading Volume: 116,418
Technical Sentiment Signal: Buy
Current Market Cap: £234.4M
For a thorough assessment of AAZ stock, go to TipRanks’ Stock Analysis page.