Ariana Resources plc (LON:AAU – Get Free Report) shot up 3.8% during mid-day trading on Friday . The stock traded as high as GBX 2.19 ($0.03) and last traded at GBX 2.08 ($0.03). 2,555,889 shares traded hands during mid-day trading, an increase of 66% from the average session volume of 1,544,069 shares. The stock had previously closed at GBX 2 ($0.03).
Ariana Resources Price Performance
The firm has a fifty day moving average of GBX 2.01 and a 200 day moving average of GBX 2.35. The stock has a market cap of £37.97 million, a price-to-earnings ratio of 335.00 and a beta of 0.65.
About Ariana Resources
Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey. The company explores for gold, nickel, cobalt, uranium, zinc, silver, copper, and molybdenum deposits. Its projects include the Kiziltepe Gold-Silver mine and Tavsan gold project located in western Turkey; and Salinbas gold project located in north-eastern Turkey.
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