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Beaufort Securities retained Ariana Resources PLC (LON:AAU) to Speculative Buy in a statement released earlier today.

Beaufort Securities has retained Ariana Resources PLC (LON:AAU) to Speculative Buy in a statement released on Thursday October 13, 2016.

On 10/03/2016, Panmure Gordon released a statement on Ariana Resources PLC (LON:AAU) maintained the target price at 2.71GBX that suggested an upside of 0.51%.

Having a price of 1.75GBX, Ariana Resources PLC (LON:AAU) traded 1.49% higher on the day. With the last close up 8.07% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AAU has recorded a 50-day average of 1.77GBX and a two hundred day average of 1.57GBX. Trade Volume was up over the average, with 3,509,895 shares of AAU changing hands over the typical 3,334,780

Recent Performance Chart

Ariana Resources PLC (LON:AAU)

Ariana Resources PLC has 52 week low of 0.67GBX and a 52 week high of 2.09GBX and has a market capitalization of 0 GBX.

In addition to Beaufort Securities reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is 2.79GBX with 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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