Shares of Ariana Resources plc (LON:AAU – Get Free Report) were down 18.9% 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 were traded 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 Price Performance
The firm has a fifty day simple moving average of GBX 1.84 and a 200-day simple moving average of GBX 2.07. The firm has a market cap of £27.36 million, a P/E ratio of 52,592.59 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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