Ariana Resources (LON:AAU) Stock Price Down 20% – Here’s What Happened

Shares of Ariana Resources plc (LON:AAUGet Free Report) traded down 20% during trading on Wednesday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.40 ($0.02). 10,027,525 shares changed hands during mid-day trading, an increase of 389% from the average session volume of 2,050,743 shares. The stock had previously closed at GBX 1.75 ($0.02).

Ariana Resources Trading Down 19.4 %

The stock has a market cap of £27.17 million, a price-to-earnings ratio of 52,222.22 and a beta of 0.65. The stock’s 50 day moving average is GBX 1.84 and its two-hundred 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.

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