Ariana Resources (LON:AAU) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Ariana Resources plc (LON:AAUGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.

Ariana Resources Trading Up 3.1 %

The business has a fifty day moving average of GBX 2.24 and a 200-day moving average of GBX 2.21. The firm has a market cap of £33.75 million, a PE ratio of 335.00 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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