Ariana Resources plc (LON:AAU)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $2.37. Ariana Resources shares last traded at $2.39, with a volume of 3,178,048 shares traded.

Separately, Panmure Gordon reiterated a “buy” rating on shares of Ariana Resources in a research report on Friday, June 14th.

The company has a market cap of $25.32 million and a PE ratio of 12.00. The business has a 50-day moving average price of GBX 2.16.

About Ariana Resources (LON:AAU)

Ariana Resources plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of mineral properties in Turkey. It primarily explores for gold, silver, copper, and molybdenum deposits. The company's flagship project is the Red Rabbit project, including the Kiziltepe and Tavsan sectors located in western Turkey.

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