Ariana Resources (LON:AAU) Stock Price Down 21.3% – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report) traded down 21.3% during mid-day trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.38 ($0.02). 3,803,881 shares changed hands during trading, an increase of 96% from the average session volume of 1,941,360 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Stock Down 1.8 %

The stock has a market cap of £26.01 million, a price-to-earnings ratio of 50,000.00 and a beta of 0.65. The business’s 50 day simple moving average is GBX 1.83 and its 200 day simple moving average is GBX 2.06.

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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