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Ariana Resources PLC (LON:AAU) has been reiterated to Speculative Buy in a statement by Beaufort Securities earlier today.

Having a price of 1.20GBX, Ariana Resources PLC (LON:AAU) traded 1.48% higher on the day. With the last close down -7.52% from the two hundred day average, compared with the S&P 500 Index which has maintained over the same period. Ariana Resources PLC has recorded a 50-day average of 1.42GBX and a two hundred day average of 1.48GBX. Volume of trade was down over the average, with 965,933 shares of AAU changing hands under the typical 2,911,880

Beaufort Securities has reiterated Ariana Resources PLC (LON:AAU) to Speculative Buy in a statement released on 12/7/2017.

Performance Chart

Ariana Resources PLC (LON:AAU)

With a total market value of 0 GBX, Ariana Resources PLC has price-earnings ratio of 0.98 with a one year low of 1.32GBX and a one year high of 2.26GBX .

A total of 1 analyst has released a research note on Ariana Resources PLC. zero analysts rating the company a strong buy, one analyst rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 2.79GBX.

More About Ariana Resources PLC (LON:AAU)

Ariana Resources plc is engaged in the acquisition, exploration and development of gold and technology-metals primarily in Turkey and Australia. The Company is focused on the Red Rabbit Gold Project located in the western Turkey, comprising the Kiziltepe and Tavsan sectors. Its projects include Kizilcukur project, Ivrindi project, Demirci project and Salinbas project. The Kizilcukur project encompasses over two kilometers of mineralized quartz veins containing gold and silver. The Ivrindi Gold project is located in the Ivrindi District of Balikesir Province in western Turkey. The Ivrindi Gold project consists of over two licenses. The Demirci Gold project is located in the Demirci District of Manisa Province in western Turkey. The Salinbas Project area consists of two mineralized zones: the Ardala Porphyry and the Salinbas gold-silver (Au-Ag) deposit. The Company's other project area prospects include Karakavak, kepez and Yukaricamli.

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