Ariana Resources (LON:AAU) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Ariana Resources plc (LON:AAU)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.10 ($0.03) and traded as low as GBX 1.87 ($0.02). Ariana Resources shares last traded at GBX 1.95 ($0.02), with a volume of 1,876,787 shares trading hands.

Ariana Resources Stock Performance

The company has a market capitalization of £36.61 million, a PE ratio of 70,370.37 and a beta of 0.65. The stock’s fifty day simple moving average is GBX 1.84 and its 200-day simple moving average is GBX 2.10.

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.