Ariana Resources plc (LON:AAU – Get Free Report)’s share price dropped 19.4% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 8,745,982 shares changed hands during trading, an increase of 331% from the average daily volume of 2,029,384 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Stock Performance
The company has a market capitalization of £26.98 million, a PE ratio of 51,851.85 and a beta of 0.65. The stock’s fifty day simple moving average is GBX 1.84 and its 200-day simple moving average is GBX 2.07.
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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