Aminex (LON:AEX) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 2.50 ($0.04) and last traded at GBX 2.60 ($0.04), with a volume of 5341310 shares traded. The stock had previously closed at GBX 2.60 ($0.04).
Aminex PLC is a United Kingdom-based gas and oil production, development and exploration company. The Company focuses on its licenses in Tanzania, including Kiliwani North Field, Ruvuma and Nyuni area acreage. The Kiliwani North Field is independently ascribed with approximately 30 billion cubic feet (BCF) gross contingent resource and focuses on producing dry clean gas under high natural pressure (over 1,600 per square inch (psi)) from the Neocomian late Cretaceous reservoir.
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