Ariana Resources plc (LON:AAU – Get Free Report) dropped 21.3% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.38 ($0.02). Approximately 3,803,881 shares were traded during trading, an increase of 96% from the average daily volume of 1,941,360 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Stock Performance
The firm’s fifty day simple moving average is GBX 1.84 and its 200 day simple moving average is GBX 2.07. The stock has a market capitalization of £27.75 million, a price-to-earnings ratio of 53,333.33 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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