Ariana Resources plc (LON:AAU – Get Free Report) dropped 20% during trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 10,027,525 shares were traded during trading, an increase of 389% from the average daily volume of 2,050,743 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Price Performance
The stock has a market cap of £27.17 million, a price-to-earnings ratio of 52,222.22 and a beta of 0.65. The business’s 50 day moving average is GBX 1.84 and its 200 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.
Further Reading
- Five stocks we like better than Ariana Resources
- Comparing and Trading High PE Ratio Stocks
- Advanced Micro Devices Can Double in Price: Here’s Why
- Stock Splits, Do They Really Impact Investors?
- How Disney’s Experiences Segment Can Restore the House of Mouse
- How to Profit From Value Investing
- Healthy Energy Drinks? Celsius Holdings Building Out the Space
Receive News & Ratings for Ariana Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ariana Resources and related companies with MarketBeat.com's FREE daily email newsletter.
