Ariana Resources (LON:AAU) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Ariana Resources plc (LON:AAUGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.08 ($0.03) and traded as low as GBX 1.81 ($0.02). Ariana Resources shares last traded at GBX 1.81 ($0.02), with a volume of 412,758 shares changing hands.

Ariana Resources Stock Performance

The business’s 50-day moving average is GBX 1.83 and its 200 day moving average is GBX 2.08. The company has a market cap of £34.88 million, a PE ratio of 67,037.04 and a beta of 0.65.

About Ariana Resources

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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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