Ariana Resources plc (LON:AAU – Get Free Report) traded down 20% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.40 ($0.02). 10,027,525 shares traded hands during mid-day trading, an increase of 389% from the average session volume of 2,050,743 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Trading Up 4.4 %
The company has a 50 day simple moving average of GBX 1.83 and a two-hundred day simple moving average of GBX 2.06. The firm has a market capitalization of £27.65 million, a P/E ratio of 53,148.15 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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