Ariana Resources (LON:AAU) Stock Price Down 19.4% – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report) shares were down 19.4% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 11,316,736 shares were traded during mid-day trading, an increase of 446% from the average daily volume of 2,072,230 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Trading Up 4.4 %

The company has a market cap of £27.65 million, a PE ratio of 53,148.15 and a beta of 0.65. The firm has a 50 day moving average of GBX 1.83 and a two-hundred day 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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