tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Anglo Asian Mining Secures Copper Sales Agreement with Trafigura

Story Highlights
  • Anglo Asian Mining has signed a copper concentrate sales agreement with Trafigura.
  • The company received necessary licenses to operate its Demirli mine, boosting production.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anglo Asian Mining Secures Copper Sales Agreement with Trafigura

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Anglo Asian Mining has secured a sales agreement with Trafigura for copper concentrate from its Demirli mine in Karabakh, Azerbaijan, which includes a $25 million revolving prepayment facility. The company has received necessary licenses from the Azerbaijani government to operate the Demirli processing plant and tailings dam, marking a significant step in its operational expansion. The first sale of concentrate is expected by mid-November 2025, enhancing the company’s production capabilities and contributing to its strategic growth plan.

The most recent analyst rating on (GB:AAZ) stock is a Hold with a £195.00 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, 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.

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 high-quality portfolio of production and exploration assets in Azerbaijan. The company produced 377 tonnes of copper and 15,073 ounces of gold for the year ended 31 December 2024, and in the nine months to 30 September 2025, it produced 3,475 tonnes of copper and 18,912 ounces of gold. Anglo Asian aims to transition to a multi-asset, mid-tier copper and gold producer by 2030, with copper becoming its principal product.

Average Trading Volume: 139,188

Technical Sentiment Signal: Buy

Current Market Cap: £245.8M

See more data about AAZ stock on 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