Ariana Resources (LON:AAU) Trading Up 15.1% – What’s Next?

Shares of Ariana Resources plc (LON:AAU) shot up 15.1% on Monday . The stock traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.61 ($0.02). 4,734,817 shares were traded during trading, an increase of 68% from the average session volume of 2,814,044 shares. The stock had previously closed at GBX 1.40 ($0.02).

Ariana Resources Trading Up 14.4%

The stock has a market cap of £30.85 million, a P/E ratio of 59,296.30 and a beta of 0.65. The firm has a 50-day simple moving average of GBX 1.20 and a two-hundred day simple moving average of GBX 1.49.

Ariana Resources (LON:AAU) last announced its quarterly earnings data on Tuesday, June 10th. The company reported GBX 0.18 ($0.00) earnings per share for the quarter. Sell-side analysts predict that Ariana Resources plc will post 0.2 earnings per share for the current year.

Ariana Resources Company Profile

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.