Ariana Resources plc (LON:AAU – Get Free Report) dropped 17.4% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 14,686,797 shares traded hands during mid-day trading, an increase of 590% from the average daily volume of 2,128,398 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Trading Down 19.5 %
The business has a 50 day moving average price of GBX 1.84 and a 200-day moving average price of GBX 2.07. The firm has a market capitalization of £27.13 million, a PE ratio of 52,148.15 and a beta of 0.65.
About Ariana Resources
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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