Anaconda Mining (ANX) Reaches New 52-Week Low at $0.22

Anaconda Mining Inc (TSE:ANX) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.22 and last traded at C$0.24, with a volume of 199550 shares. The stock had previously closed at C$0.25.

The company has a current ratio of 2.26, a quick ratio of 0.83 and a debt-to-equity ratio of 2.49.

In other Anaconda Mining news, Director Dustin Angelo purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, August 15th. The shares were bought at an average price of C$0.29 per share, for a total transaction of C$29,000.00. In the last 90 days, insiders have bought 332,500 shares of company stock worth $89,295.

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About Anaconda Mining (TSE:ANX)

Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds 100% interest in the Point Rousse project covering an area of 5,794 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares located to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland.

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