Ariana Resources (LON:AAU) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Ariana Resources plc (LON:AAUGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.19 ($0.03) and traded as low as GBX 1.65 ($0.02). Ariana Resources shares last traded at GBX 1.69 ($0.02), with a volume of 5,786,762 shares traded.

Ariana Resources Stock Down 3.3 %

The company has a 50-day moving average of GBX 2.13 and a 200 day moving average of GBX 2.19. The stock has a market capitalization of £30.98 million, a PE ratio of 335.00 and a beta of 0.65.

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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