Ariana Resources (LON:AAU) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Ariana Resources plc (LON:AAUGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2.21 ($0.03) and traded as low as GBX 1.75 ($0.02). Ariana Resources shares last traded at GBX 1.84 ($0.02), with a volume of 1,726,405 shares changing hands.

Ariana Resources Trading Down 5.1 %

The stock’s fifty day moving average price is GBX 2.20 and its 200 day moving average price is GBX 2.20. The stock has a market cap of £31.26 million, a P/E ratio of 335.00 and a beta of 0.65.

Ariana Resources Company Profile

(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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