Ariana Resources (LON:AAU) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Ariana Resources plc (LON:AAUGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.63 and traded as high as GBX 1.90. Ariana Resources shares last traded at GBX 1.84, with a volume of 5,511,841 shares trading hands.

Ariana Resources Price Performance

The business’s 50 day simple moving average is GBX 1.66 and its 200 day simple moving average is GBX 1.63. The stock has a market cap of £43.00 million, a P/E ratio of 14.15 and a beta of 0.65.

About Ariana Resources

(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.

Featured Stories

Receive News & Ratings for Ariana Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ariana Resources and related companies with MarketBeat.com's FREE daily email newsletter.