By Steve Moore | Tuesday 22 April 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in AIM-listed gold producer from Azerbaijan, Anglo Asian Mining (AAZ) have fallen approaching 17% on the back of a first quarter of 2014 production update which has seen the company’s gold production target for the year reduced from 80,000-90,000 ounces to 62,000-67,000 ounces. The following updates with the shares at a current 16.25p, capitalising the company at just above £18 million.
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