Ariana Resources (LON:AAU) Trading Down 18.9% – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report) dropped 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). Approximately 17,696,854 shares were traded during trading, an increase of 712% from the average daily 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 PE ratio of 52,592.59 and a beta of 0.65. The stock has a 50-day moving average price of GBX 1.83 and a two-hundred day moving average price 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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