Shares of Ariana Resources plc (LON:AAU – Get Free Report) fell 18.9% on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). 17,696,854 shares traded hands during trading, an increase of 712% from the average session 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 1.83 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.
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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