Ariana Resources (LON:AAU) Shares Pass Above Two Hundred Day Moving Average of $3.13

Ariana Resources plc (LON:AAUGet Rating)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.13 ($0.04) and traded as high as GBX 3.50 ($0.04). Ariana Resources shares last traded at GBX 3.35 ($0.04), with a volume of 1,956,555 shares changing hands.

Ariana Resources Trading Up 6.3 %

The stock’s fifty day moving average is GBX 3.27 and its 200 day moving average is GBX 3.13. The company has a market capitalization of £38.40 million and a P/E ratio of 335.00.

Insider Buying and Selling

In related news, insider Michael de Villiers sold 750,000 shares of the stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of GBX 3 ($0.04), for a total transaction of £22,500 ($27,455.77).

About Ariana Resources

(Get Rating)

Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey. The company also explores for 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.

See Also

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's FREE daily email newsletter.