Shares of Ariana Resources plc (LON:AAU – Get Free Report) dropped 18.9% during mid-day trading 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 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 firm has a market cap of £26.07 million, a price-to-earnings ratio of 50,111.11 and a beta of 0.65. The business has a fifty day moving average of GBX 1.83 and a two-hundred day moving average of GBX 2.06.
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.
See Also
- Five stocks we like better than Ariana Resources
- What is a Low P/E Ratio and What Does it Tell Investors?
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- Stock Splits, Do They Really Impact Investors?
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Ariana Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ariana Resources and related companies with MarketBeat.com's FREE daily email newsletter.
