Ariana Resources (LON:AAU) Stock Price Down 7.4%

Ariana Resources plc (LON:AAUGet Free Report)’s stock price dropped 7.4% during mid-day trading on Monday . The company traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.32 ($0.03). Approximately 302,367 shares traded hands during trading, a decline of 83% from the average daily volume of 1,777,881 shares. The stock had previously closed at GBX 2.50 ($0.03).

Ariana Resources Price Performance

The firm has a market cap of £26.62 million, a PE ratio of 335.00 and a beta of 0.70. The stock has a 50 day simple moving average of GBX 2.68 and a 200-day simple moving average of GBX 2.30.

About Ariana Resources

(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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