Ariana Resources (LON:AAU) Stock Price Down 18.9% – Time to Sell?

Ariana Resources plc (LON:AAUGet Free Report) traded down 18.9% 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 traded 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 Down 1.6 %

The firm has a market capitalization of £26.07 million, a PE ratio of 50,111.11 and a beta of 0.65. The stock has a 50-day simple moving average of GBX 1.83 and a 200-day simple moving average of GBX 2.06.

About Ariana Resources

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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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