Ariana Resources (LON:AAU) Stock Price Down 18.9% – Should You Sell?

Ariana Resources plc (LON:AAUGet Free Report) shares were down 18.9% during mid-day trading on Wednesday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.42 ($0.02). Approximately 17,696,854 shares changed hands during mid-day trading, an increase of 712% from the average daily volume of 2,178,565 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Trading Down 18.9 %

The firm has a market cap of £27.36 million, a price-to-earnings ratio of 52,592.59 and a beta of 0.65. The firm’s 50-day moving average is GBX 1.84 and its 200-day moving average is GBX 2.07.

About Ariana Resources

(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.

Featured 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.