Ariana Resources plc (LON:AAU – Get Free Report)’s stock price dropped 19.7% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 16,595,080 shares were traded during mid-day trading, an increase of 668% from the average daily volume of 2,160,202 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Price Performance
The firm has a market capitalization of £27.36 million, a P/E ratio of 52,592.59 and a beta of 0.65. The firm’s fifty day moving average price is GBX 1.84 and its 200-day moving average price 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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