Ariana Resources plc (LON:AAU – Get Free Report) shares dropped 17.4% during mid-day trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 14,686,797 shares traded hands during trading, an increase of 590% from the average daily volume of 2,128,398 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Price Performance
The stock’s 50-day moving average is GBX 1.83 and its 200-day moving average is GBX 2.06. The stock has a market cap of £27.44 million, a price-to-earnings ratio of 52,740.74 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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