Ariana Resources (LON:AAU) Trading Down 18.9% – Here’s What Happened

Ariana Resources plc (LON:AAUGet Free Report)’s stock price traded down 18.9% during trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). 17,696,854 shares changed hands during trading, an increase of 712% from the average session volume of 2,178,565 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Stock Performance

The stock has a market capitalization of £27.36 million, a P/E ratio of 52,592.59 and a beta of 0.65. The business has a 50 day simple moving average of GBX 1.84 and a 200-day simple moving average of GBX 2.07.

Ariana Resources Company Profile

(Get Free Report)

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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