Ariana Resources (LON:AAU) Stock Price Down 17.4% – Should You Sell?

Ariana Resources plc (LON:AAUGet 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

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Ariana Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ariana Resources and related companies with MarketBeat.com's FREE daily email newsletter.