Ariana Resources plc (LON:AAU – Get Free Report) dropped 19.4% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 11,316,736 shares were traded during mid-day trading, an increase of 446% from the average daily volume of 2,072,230 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Stock Performance
The stock has a fifty day simple moving average of GBX 1.84 and a 200-day simple moving average of GBX 2.07. The stock has a market cap of £27.17 million, a P/E ratio of 52,222.22 and a beta of 0.65.
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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