Ariana Resources (LON:AAU) Shares Down 3.8% – Here’s Why

Ariana Resources plc (LON:AAUGet Free Report) shares traded down 3.8% during trading on Wednesday . The company traded as low as GBX 1.93 and last traded at GBX 2. 4,719,244 shares were traded during trading, a decline of 51% from the average session volume of 9,557,835 shares. The stock had previously closed at GBX 2.08.

Ariana Resources Price Performance

The stock has a market capitalization of £43.96 million, a PE ratio of 14.46 and a beta of 0.65. The firm has a fifty day moving average price of GBX 1.59 and a two-hundred day moving average price of GBX 1.62.

About Ariana Resources

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Ariana Resources is an AIM-listed mineral exploration and development company with an exceptional track record of creating value for its shareholders through its interests in active mining projects and investments in exploration companies. Its current interests include being a gold producer in Türkiye, a major gold development project in Zimbabwe that will become the Company’s flagship project over time, and copper-gold exploration and development projects across the portfolio.

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