Shares of Ariana Resources plc (LON:AAU – Get Free Report) were down 18.9% during mid-day trading 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 changed hands 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 Trading Down 1.6 %
The firm has a market cap of £26.07 million, a PE ratio of 50,111.11 and a beta of 0.65. The company has a 50 day moving average price of GBX 1.83 and a 200 day moving average price of GBX 2.06.
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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