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

Ariana Resources plc (LON:AAUGet Free Report) shares traded down 18.9% 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 changed 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 Trading Down 1.6 %

The company has a market capitalization of £26.07 million, a price-to-earnings ratio of 50,111.11 and a beta of 0.65. The stock’s fifty day simple moving average is GBX 1.82 and its 200-day simple moving average is GBX 2.06.

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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