Ariana Resources (LON:AAU) Stock Price Down 18.9% – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report)’s stock price fell 18.9% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). 17,696,854 shares changed hands during mid-day trading, an increase of 712% from the average session volume of 2,178,565 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Stock Down 1.6 %

The firm has a 50 day moving average of GBX 1.83 and a 200 day moving average of GBX 2.06. The firm has a market cap of £26.07 million, a PE ratio of 50,111.11 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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