Ariana Resources plc (LON:AAU – Get Free Report)’s share price dropped 18.9% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). Approximately 17,696,854 shares changed hands during mid-day trading, an increase of 712% from the average daily volume of 2,178,565 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Stock Performance
The stock has a market cap of £27.36 million, a P/E ratio of 52,592.59 and a beta of 0.65. The firm’s 50-day moving average is GBX 1.84 and its two-hundred day moving average is GBX 2.07.
Ariana Resources Company Profile
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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