Ariana Resources (LON:AAU) Trading Down 18.9% – Here’s What Happened

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

Ariana Resources Price Performance

The firm has a market cap of £27.23 million, a PE ratio of 52,333.33 and a beta of 0.65. The stock has a 50-day moving average price of GBX 1.83 and a 200 day moving average price of 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.

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