Ariana Resources (LON:AAU) Posts Quarterly Earnings Results

Ariana Resources (LON:AAU) released its quarterly earnings results on Tuesday. The company reported GBX (0.01) earnings per share for the quarter, Digital Look Earnings reports.

Ariana Resources Price Performance

Ariana Resources stock traded up GBX 0.10 during mid-day trading on Thursday, reaching GBX 1.95. 1,707,785 shares of the company were exchanged, compared to its average volume of 7,349,332. The company has a fifty day simple moving average of GBX 1.91 and a 200-day simple moving average of GBX 1.68. Ariana Resources has a 12 month low of GBX 0.90 and a 12 month high of GBX 2.30. The company has a debt-to-equity ratio of 3.67, a current ratio of 0.78 and a quick ratio of 16.46. The firm has a market cap of £51.66 million, a PE ratio of 14.96 and a beta of 0.77.

About Ariana Resources

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.