Ariana Resources (LON:AAU) Stock Price Down 21.3% – Should You Sell?

Shares of Ariana Resources plc (LON:AAUGet Free Report) dropped 21.3% on Wednesday . The stock 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 Trading Down 1.8 %

The company has a 50-day moving average of GBX 1.83 and a 200-day moving average of GBX 2.06. The company has a market capitalization of £26.01 million, a price-to-earnings ratio of 50,000.00 and a beta of 0.65.

About Ariana Resources

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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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