Ariana Resources (LON:AAU) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Ariana Resources plc (LON:AAU)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2.27 ($0.03) and traded as low as GBX 1.90 ($0.02). Ariana Resources shares last traded at GBX 1.99 ($0.02), with a volume of 583,716 shares traded.

Ariana Resources Stock Up 2.0 %

The firm’s fifty day moving average is GBX 2.43 and its 200-day moving average is GBX 2.27. The stock has a market capitalization of £36.40 million, a PE ratio of 335.00 and a beta of 0.65.

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.