Shares of Ariana Resources plc (LON:AAU – Get Free Report) fell 17.4% during trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.45 ($0.02). 14,355,983 shares changed hands during mid-day trading, an increase of 576% from the average session volume of 2,122,884 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Stock Down 17.4 %
The company has a market capitalization of £27.84 million, a P/E ratio of 53,518.52 and a beta of 0.65. The business’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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