Ariana Resources (LON:AAU) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Ariana Resources plc (LON:AAUGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2.14 ($0.03) and traded as low as GBX 1.88 ($0.02). Ariana Resources shares last traded at GBX 1.90 ($0.02), with a volume of 1,683,070 shares.

Ariana Resources Stock Down 2.6 %

The firm has a market cap of £34.75 million, a P/E ratio of 335.00 and a beta of 0.65. The business has a fifty day simple moving average of GBX 1.95 and a 200-day simple moving average of GBX 2.14.

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.

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