Ariana Resources (LON:AAU) Stock Passes Below 200-Day Moving Average of $3.65

Ariana Resources plc (LON:AAUGet Rating) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.65 ($0.04) and traded as low as GBX 2.74 ($0.03). Ariana Resources shares last traded at GBX 2.85 ($0.03), with a volume of 2,048,354 shares.

Ariana Resources Stock Down 1.7 %

The company’s fifty day simple moving average is GBX 3.16 and its 200 day simple moving average is GBX 3.65. The firm has a market capitalization of £32.57 million and a PE ratio of 335.00.

About Ariana Resources

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Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey. The company also explores for 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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