Ariana Resources (LON:AAU) Stock Price Down 19.1% – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report)’s stock price fell 19.1% during mid-day trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). 6,250,598 shares were traded during trading, an increase of 214% from the average session volume of 1,987,794 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Price Performance

The firm has a 50-day moving average of GBX 1.83 and a 200 day moving average of GBX 2.06. The company has a market capitalization of £26.01 million, a PE ratio of 50,000.00 and a beta of 0.65.

Ariana Resources Company Profile

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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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