Ariana Resources plc (LON:AAU – Get Free Report)’s share price dropped 17.4% during trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 14,355,983 shares traded hands during mid-day trading, an increase of 576% from the average daily volume of 2,122,884 shares. The stock had previously closed at GBX 1.75 ($0.02).
Ariana Resources Price Performance
The company has a fifty day moving average price of GBX 1.84 and a 200 day moving average price of GBX 2.07. The stock has a market cap of £27.84 million, a P/E ratio of 53,518.52 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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