Shares of Ariana Resources plc (LON:AAU – Get Free Report) dropped 2.2% on Wednesday . The company traded as low as GBX 2.23 ($0.03) and last traded at GBX 2.25 ($0.03). Approximately 1,412,008 shares traded hands during trading, a decline of 14% from the average daily volume of 1,642,949 shares. The stock had previously closed at GBX 2.30 ($0.03).
Ariana Resources Stock Performance
The firm’s 50-day moving average price is GBX 2.43 and its two-hundred day moving average price is GBX 2.31. The firm has a market cap of £41.18 million, a PE ratio of 335.00 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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