Ariana Resources (LON:AAU) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Ariana Resources plc (LON:AAUGet Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.53 and traded as low as GBX 1.50. Ariana Resources shares last traded at GBX 1.53, with a volume of 2,877,728 shares.

Ariana Resources Stock Performance

The company has a market cap of £37.72 million, a P/E ratio of 12.41 and a beta of 0.65. The firm has a 50 day moving average price of GBX 1.57 and a 200-day moving average price of GBX 1.53.

Ariana Resources (LON:AAUGet Free Report) last issued its quarterly earnings data on Monday, September 29th. The company reported GBX 0.01 earnings per share for the quarter. On average, sell-side analysts forecast that Ariana Resources plc will post 0.2 EPS for the current fiscal year.

Ariana Resources Company Profile

(Get Free Report)

Ariana Resources is an AIM-listed mineral exploration and development company with an exceptional track record of creating value for its shareholders through its interests in active mining projects and investments in exploration companies. Its current interests include being a gold producer in Türkiye, a major gold development project in Zimbabwe that will become the Company’s flagship project over time, and copper-gold exploration and development projects across the portfolio.

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